Minerals Development Oman awards $418.7M mining contract to Hongda International

Minerals Development Oman signed a $418.7 million, 10-year mining services contract with China's Hongda International for the Mazoon Copper Project in Oman. The deal includes open-pit mining activities at the Yanqul project, with production set to begin in 2027.

“The deal was signed in Beijing during Sultan Haitham bin Tarik's official visit to China, and it is part of a larger series of industrial and technical partnerships between Omani organizations and Chinese firms.”plantandequipment.com

• 2 sources
• plantandequipment.comOman Awards $419 Million Mining Contract To China's Hongda International | P&E NewsNov 3, 2026
• constructionmachinerymenews.comHongda Wins $419m Oman Mining Contract - Construction Machinery Middle East NewsNov 4, 2026

Summarized from public sources; check the original articles before acting on it.