The financial consideration for Category (A) minerals is calculated in two stages:
- Stage One – Based on the value of the mineral at the time of extraction according to the rates specified in the mining laws and regulations listed below.
- Stage Two – The equivalent of income tax, minus the zakat due, applies to companies that are partially or wholly Saudi-owned.
Category (A) Minerals and Financial Consideration Rates
| # | Mineral / Metal Ore | Financial Consideration for Exploitation (% of Net Value at Extraction) |
|---|---|---|
| 1 | High-grade Bauxite / Aluminum Ore (Al₂O₃ > 40%) | 2.5% |
| 2 | Copper | 1.5% |
| 3 | High-grade Iron Ore (Fe > 40%) | 4% |
| 4 | Ilmenite | 4.5% |
| 5 | Nickel | 2% |
| 6 | Niobium | 3% |
| 7 | Phosphate Rock | 4% |
| 8 | Quartz (Silica, Quartz Content > 95%) | 3.5% |
| 9 | Rare Earth Elements | 3% |
| 10 | Rutile | 3% |
| 11 | Serpentinite (Gemstone variety) | 3% |
| 12 | Thorium | 3% |
| 13 | Tin | 3% |
| 14 | Tungsten | 2% |
| 15 | Zinc | 2% |
| 16 | Zirconium | 2% |
| 17 | Agate | 1% |
| 18 | Asbestos | 1% |
| 19 | Beryllium | 1% |
| 20 | Corundum | 1% |
| 21 | Diamonds | 1% |
| 22 | Diaspore | 1% |
| 23 | Hafnium | 1% |
| 24 | Lead | 1% |
| 25 | Leucoxene | 1% |
| 26 | Lithium | 1% |
| 27 | Manganese | 1% |
| 28 | Molybdenum | 1% |
| 29 | Platinum Group Metals | 1% |
| 30 | Pyrite | 1% |
| 31 | Tantalum | 1% |
| 32 | Uranium | 1% |
| 33 | Vanadium | 1% |
| 34 | Xenotime | 1% |
| 35 | Cadmium | 1.5% |
| 36 | Chromium | 2.5% |
| 37 | Garnet Group Minerals (Precious Stones) | 2.5% |
| 38 | Gemstones & Semi-precious Stones | 2.5% |
| 39 | Gold | 1.5% |
| 40 | Jasper | 2.5% |
| 41 | Olivine – Peridot (Gemstone variety) | 2% |
| 42 | Silver | 1.5% |
| 43 | Unlisted Minerals or Metal Ores | 4% |
