Value of mineral resources in Hail region amounted to 72.3 billion riyals

The Ministry of Industry and Mineral Resources revealed that the Hail region is rich in quality mineral ores, and a deposit of precious metals including gold, silver, copper, zinc, lead, in addition to bauxite.

Jarrah Al-Jarrah, the official spokesman for the ministry, stated that the estimated value of mineral resources in the region is 72.3 billion riyals, where the value of bauxite is estimated at 50.466 billion riyals, and the value of gold is close to 14.126 billion riyals, while the value of zinc is 3.465 billion riyals, and the value of copper is estimated at 2.872 billion riyals, and silver is one billion riyals, and the value of lead in the region is 15 million riyals.

Al-Jarrah stated that the Hail region includes two mineral belts for gold and sulfide, as well as three sites for rare earth elements reserves, industrial minerals and raw materials, in addition to silica sand and white sand, noting that the region also includes 16 approved mining complexes, including 8 sand complexes, 4 silica sand complexes, 2 granite complexes, a gravel complex, and a magnesite complex. He added that the region has a large and diverse industrial base, as the number of factories in it reaches 154 factories producing and under construction, and 95% of industrial facilities are concentrated in the city of Hail and the governorates of Al-Shannan and Al-Khattah, noting that the most prominent industrial sectors in Hail include food products, building materials, chemicals, machinery and equipment.