Money and business

30 million riyals to start .. «industry» opens the door for exploring quartz on strict conditions


The Ministry of Industry and metal wealth controls and requirements for obtaining the two licenses of detection and exploitation of the quartz minerals, “Silicon dioxide” via the “reconnaissance” platform, calling on those interested and specialists to participate in their views and notes on these controls before their approval. Mineral Quartz , starting with the conditions required to submit a request for a detection license, through the mechanisms of geochi analysis, and ending with the conditions of manufacturing or the sale of crude, with a clear determination of the required technical works at each stage." target ="_Blank"> A license The confiscation of the quartz metal to have an experience of no less than five years of mining, whether surface or under the surface, provided that this experience is acquired by obtaining licenses for exploitation of Class A or “B” minerals, inside or outside the Kingdom. A technical attachment attached to the controls, in addition to proving its financial adequacy, by providing what proves that the book value of its company is not less than 30 million riyals, according to the accounting equation: the book value = the total assets – the opponents – the unfinished assets. Silicon or commitment to selling it to approved silicone production factories, provided that industrial applications tests show that the discovered quartz is valid for the silicone metal industry. The degree of purity of the discovered quartz. The ministry indicated that if the tests prove that the quartz is not suitable for the silicone industry, it can be used in other industries provided that this is proven and obtained and obtained prior approval by the ministry. Geological and topographic using GPS devices, through the implementation of the exact topographic survey of the site, then using advanced geophysical scanning techniques such as the tomography of the electrical resistance «Ert) to determine the depth and extension of the metal in the ground. The trenches if necessary, provided that these trenches do not damage the quantities of raw. The implementation of the reverse rotational drilling requires “RC” with an accurate network pattern to determine the vertical extension of the metal, and the excavation work should include at least 30% using diamond drilling, to ensure the accuracy of future studies for mining reserve account. ICP-MS/OES, to measure the concentration of 65 elements, including rare earth elements. Approved reference materials for high -purity quartz must be used, with the application of strict quality guarantee protocols. />
The controls also include studies on thermal stability of the quartz metal and the extent of its performance in the ovens during silicone smelting operations, to ensure the extent of its suitability for industries related to the production of pure silicone used in electronics and solar energy. And quality, with careful coordination between the various stages of field and analytical works. It also stipulated that laboratory analyzes and tests be carried out according to internationally recognized scientific protocols, ensuring accuracy and reliability of data resulting from exploration operations. In the manufacture of electronic slides and solar panels, which is in line with the Kingdom’s goals in strengthening industrial supply chains and localizing modern technologies within the “Made in Saudi Arabia” programs.

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