Saudi Arabia is a country rich in minerals. Large deposits of gold, silver, iron ore, copper, bauxite, coal, tungsten, phosphates, lead, zinc, and uranium are known to exist, but have yet to be fully exploited. The reasons for this vary. For one, the kingdom's concentration on oil has led it to neglect other forms of mining. Furthermore, the mineral deposits are in remote areas where the lack of roads and water make extraction difficult. Still, the government views non-oil mining as a potentially lucrative industry, one that might help re-orient the economy away from its dependence on oil. Thus, despite the difficulties, the government has decided to move forward in its efforts to exploit the country's mineral resources. Working in conjunction with the private sector, the government hopes to see the non-oil mining sector grow, on average, by 8.3 percent per year between 2000-04.
The newly formed Saudi Arabian Mining Company (Maadin) is at the center of the government's plans. The state-owned company, in partnership with privately run firms, has taken over key government mining operations with a goal to improve efficiency and increase production. Maadin is already active at the Mahd al-Dahab mine, from which over 100,000 ounces of gold are produced a year. In 2001, plans were approved to begin operations at Al Hajjar, in Asir province, with an anticipated annual yield of 55,000 ounces of gold. Renewed interest in phosphate mining is also expected to have an impact on the country's economy. If the deposits in the northern and center part of the kingdom can be feasibly removed, a major new processing plant may be constructed in Jubail to refine the high level yields.
Shanghai Cathay Machinery Co.,Ltd is a high-technology enterprise of Shanghai city and achived CQC ISO9001:2000.It is a professional manufacturer of mining crushers and industrial grinding mills,located in beautiful Pudong New District,with factory area of 50,000 square meters.
Cathay has made a significant contribution to Saudi Arabia. During the process of Pavement Reconstruction, we have offered many related crushing equipments such as jaw crusher PE600*900, CS cone crusher CS160, vibrating screen 3YA1860, vertical shaft impact crusher PCL900B, many models of belt conveyor and so on. Beside this, vibrating feeder, impact crusher, mobile crusher and other crushing equipment will be used widely in this project.our pulverizing and crushing machines are widely used in mining and construction industry. More and more customers benefit from its high reliability and low operating costs. Our machinery enjoys high popularity with its reliable support and good service. Now our machinery has exported to many countries all over the world!