Critical Minerals for Oman’s Energy Transition: From Resource Security to Circular Economic Value 

Oman’s Clean-Energy Minerals Initiative is a strategic Majan Council analysis that links Oman’s renewable energy and green hydrogen targets to the real-world mineral and material requirements needed to deliver them by 2030 and 2040. 

The initiative shows that the energy transition is not only a climate and technology challenge—it is also a supply-chain, industrial, and economic competitiveness challenge. Scaling solar, wind, and electrolyzers requires large volumes of materials (e.g., steel, cement, aluminum, copper, glass, silicon, and selected critical minerals), while global supply chains are increasingly exposed to price volatility, long project lead times, and geopolitical concentration. 

For Oman, the study quantifies the required materials for solar PV, wind projects, and electrolyzer manufacturing under projected capacities, and assesses how these needs translate into policy risks and opportunities: potential project delays, CAPEX escalation, and import dependence on one side—and local value creation (downstream processing, cables/steel/components, industrial clustering in Sohar/Duqm/Salalah, jobs and skills) on the other. A key message is that ambitious targets must be paired with implementable policies: bankable supply-chain planning, investment incentives that build local capability where competitive, strong environmental governance, and financing mechanisms that reduce uncertainty for investors. 

The initiative concludes that securing clean-energy minerals is a strategic economic priority for Oman—essential to protect the pace, cost, and credibility of the national transition, and to position Oman competitively in the future green hydrogen and renewables market.