DUBAL’s titanium project in Oman is expected to start operations by mid-2025

  • Date: 22-Feb-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:Oman
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DUBAL’s titanium project in Oman is expected to start operations by mid-2025

DUBAL Holding (DH), the investment arm of the Dubai Government in the commodities and mining, power and energy, and industrial sectors, announced that its Sohar Titanium Project in Oman, where it is one of the shareholders, is expected to commence operations by mid-2025.

"With the laying of the foundation stone for a titanium slag facility in the Sohar Free Zone in the Sultanate of Oman, the Sohar Titanium Project, a strategic project with DUBAL Holding as one of the shareholders, made good progress during the year. By mid-2025, it's anticipated that the facility will commence operations," the company said in a press statement announcing its 2022 results.

In November 2022, Oman Daily Observer reported that the 43-million-Omani-rial ($112 million) project, spread over 120,000 square metres, will produce 150,000 tonnes per year of titanium dioxide. It said the project is a strategic partnership between Minerals Development Oman with a 35 percent stake, with the remaining 65 percent held by DUBAL Holding and Stork International through Gulf Titanium.

Other investments highlighted in the statement included:

MoU signed with Nature Alu, Canada, to conduct a feasibility study to build the first-ever Super High Purity Aluminium (SHPA) facility of its kind in the country. This facility will produce