Strategic Foundation: The Fusion of Strengths from Two Continents
The establishment of AL-SOR CHARKI FOR MINING is the result of the combined strength of two international industry leaders. The JV was formed by two influential Chinese companies:
Tianjin C2 Intelligent Drilling Co., Ltd.
(60% ownership): A leading Chinese entity in drilling technology and services, specializing in modern, intelligent drilling solutions.
Zhejiang Lygend Investment Co., Ltd. (40% ownership): An international mining enterprise with extensive experience in investing in and managing global mineral resource projects, particularly excelling in battery metals like nickel and cobalt.
AL-SOR CHARKI FOR MINING will be rooted in Saudi Arabia and oriented toward the broader Middle East, striving to become a leading regional platform for exploration services and mineral resource development.
How do we work?
This combination grants AL-SOR CHARKI an unprecedented advantage, coupling world-class drilling expertise with experience in global resource development and capital markets. Operating from its headquarters in Riyadh, the company provides comprehensive drilling, mineral exploration, and resource development services across the broader Middle East.
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