‎Mining sector likely to see accelerated growth: Saudi Wared CEO

‎Mining sector likely to see accelerated growth: Saudi Wared CEO

Saudi Wared Co.’s CEO Bandar bin Wadhan expected the mining sector to witness accelerated growth and to benefit the Kingdom and investors, given the unlimited government support as the sector is deemed the third pillar after the oil and petrochemical sectors.

In a call with Argaam, the top executive explained that the company invested in a modern fleet of trucks, heavy equipment and crushers, indicating that it worked to supply and transport more than half a million tons of raw materials to the General Organization for Social Insurance’s (GOSI) Al Ra'idah project in Obhur, Jeddah.

He pointed to the company's annual supply and transportation of almost hundreds of thousands of metal ores, particularly, those used in building materials. He added that Saudi Wared is keen to work with modern crushers that are compatible with environmental requirements to reduce emissions and waste.

Saudi Wared has been operating since 2007 in Jeddah, where it has extensive experience in the field of mining by dealing with mineral ores such as limestone, sandstone, granite, among others, and providing logistics services and building materials. In addition, it is keen to rehabilitate deteriorating and distorted areas, as well as to treat and recycle rock waste resulting from road opening