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Building Materials License

Building materials quarry license gives the investor the right to mine and exploit the specified Class C minerals. In addition, it allows the investor to transfer and sell the exploited minerals along with full operational rights.

Description

Building materials quarry license gives the investor the right to mine and exploit the specified Class C minerals. In addition, it allows the investor to transfer and sell the exploited minerals along with full operational rights.

Taadeen Platform

Service channels

10000 SAR

Application Fee

20000 SAR

Issuance Fee

20000 SAR

Renewal Fee
  • Description
  • Service duration
  • Service Requirements

Building materials quarry license gives the investor the right to mine and exploit the specified Class C minerals. In addition, it allows the investor to transfer and sell the exploited minerals along with full operational rights.

The license is issued for a period of 10 years, renewable for one or more periods, with each period not exceeding 5 years.

  • Selecting a location within mining complexes. If the application site is outside the mining complexes, an exploration license for the desired site is required
  • When renewing the license, the application must be submitted at least (90) days prior to the expiration date of the license
  • Provide a plan for managing the environmental and social impact (the plan is updated upon license renewal request).
  • Provide a plan for rehabilitation and closure (the plan is updated upon license renewal request).
  • Provide an economic feasibility study for the exploitation of ores and minerals.
  • Provide evidence of technical competence and financial capability.
  • Provide financial guarantee.