Al Rasheed launches new production line for manufacturing silica powder

Mohammed Hadi Al Rasheed & Partners Company announced the start of establishing a new production line for manufacturing silica powder, with the aim of enabling the silica factory to produce high-quality silica powder with finenesses up to (10) microns, which contributes to increasing the company’s opportunities in the markets and opens new horizons for its business and achieving its strategic plans.

In the same context, the company announced the start of exploitation and production from the high-percentage silica mine in Riyadh, which will contribute to developing and increasing the production capacity of the silica factory.

Al Rasheed expects that this will result in a positive financial impact on its results during the first half of 2025.

This comes in reference to its announcement published on “Tadawul”, dated 07/10/2024 AD regarding the company obtaining a mining license (high-percentage silica mine) issued by the Ministry of Industry and Mineral Resources.