Harnessing Oman's Basalt Resources for Economic Diversification: A Strategic Roadmap for High-Value Manufacturing and Clean Energy Applications
DOI:
https://doi.org/10.70917/fce-2026-009Abstract
In line with its Vision 2040 goals for economic diversification, the Sultanate of Oman holds extensive but largely untapped basalt reserves. This study presents a screening-level techno-economic analysis and strategic roadmap for transforming this indigenous resource from a low-value commodity into a cornerstone of a high-value and sustainable industrial ecosystem. The research methodology integrates a quantitative analysis of Oman's current basalt sector with a formal comparative economic model to quantify the potential for value addition. The study highlights a stark economic contrast: exporting raw basalt earns only about $7.30 per tonne, while converting it into Basalt Fiber Reinforced Polymer (BFRP) rebar can generate over $2,500 per tonne. The analysis shows a conservative value increase of more than 300 times, with a preliminary Life Cycle Cost Analysis (LCCA) demonstrating that BFRP significantly outperforms traditional steel economically in infrastructure projects. It also confirms that Omani basalt from the Samail Ophiolite is exceptionally well-suited for producing advanced fibers. Furthermore, this paper identifies and discusses a parallel strategic opportunity for Oman to leverage these same geological formations for large-scale, permanent carbon sequestration with the potential for clean hydrogen co-generation. The paper concludes by proposing a phased strategic roadmap for Oman, recommending the prioritized development of an integrated BFRP rebar value chain while initiating research into basalt-based climate technologies, thereby positioning the Sultanate as a future regional leader in both advanced green materials and the global energy transition.
References
World Bank. (2025). Oman Vision 2040: A blueprint for sustainable growth and global integration. World Bank Blogs. https://blogs.worldbank.org/en/arabvoices/oman-vision-2040-a-blueprint-for-sustainable-growth-and-global-integration
Ministry of Energy and Minerals, Oman. (2025). Oman Vision 2040. https://mem.gov.om/en-us/About-Us/Oman-Vision-2040
Oman Sustainability Week. (2025). Oman's power and minerals sectors drive economic growth. https://omansustainabilityweek.com/newfront/news/omans-power-and-minerals-sectors-drive-economic-growth
Mining Outlook. (2025). Kunooz Oman Holding SAOC (KOH): Unearthing treasures. https://www.mining-outlook.com/corporate-stories/unearthing-treasures-in-oman
Observatory of Economic Complexity. (2025). Oman (OMN) exports, imports, and trade partners. https://oec.world/en/profile/country/omn
Bastech UK. (2025). Bastech UK: Home. https://basalt-frp.co.uk/
Chowdhury, R., Pemberton, R., & Summerscales, J. (2022). Developments and industrial applications of basalt fibre reinforced composite materials. Journal of Composites Science, 6(12), 367. https://doi.org/10.3390/jcs6120367
Fiore, V., et al. (2015). A review on basalt fibre and its composites. Composites Part B: Engineering, 74, 74–94. https://doi.org/10.1016/j.compositesb.2014.12.034
Lewis, L., et al. (2021). Effects of mineralogy, chemistry and physical properties of basalts on carbon capture potential and plant-nutrient element release via enhanced weathering. Applied Geochemistry, 132, 105023. https://doi.org/10.1016/j.apgeochem.2021.105023
Ryabov, V. A., et al. (2015). Raw material for producing basalt fibers (US Patent No. 9073780B2).
Parnas, R., Shaw, M., & Liu, Q. (2007). Basalt fiber reinforced polymer composites. FiberShield Industries.
Sohail, M. G., et al. (2020). Sustainable alternative aggregates: Characterization and influence on mechanical behavior of basalt fiber reinforced concrete. Construction and Building Materials, 255, 119365. https://doi.org/10.1016/j.conbuildmat.2020.119365
Gao, H., et al. (2025). Comparisons between basalt for continuous fiber and ordinary basalt. Ceramics International, 51(1), 132–146. https://doi.org/10.1016/j.ceramint.2024.10.383
Amran, M., et al. (2022). A review on basalt fiber composites and their applications in clean energy sector and power grids. Polymers, 14(12), 2376.
Glennie, K. W., et al. (1974). Geology of the Oman Mountains (Verhandelingen van het Koninklijk Nederlands Geologisch Mijnbouwkundig Genootschap, Vol. 31, pp. 1–423).
Pallister, J. S. (1981). Structure of the sheeted dike complex of the Samail Ophiolite near Ibra, Oman. Journal of Geophysical Research: Solid Earth, 86(B4), 2661–2672. https://doi.org/10.1029/JB086iB04p02661
Nasir, S., et al. (2015). Geotechnical assessment of dimension stone resources in Oman. International Journal of Chemical, Environmental & Biological Sciences, 3(6), 438–443.
Maury, R. C., et al. (2003). Triassic alkaline magmatism of the Hawasina Nappes: Post-breakup melting of the Oman lithospheric mantle modified by the Permian plume. Bulletin de la Société Géologique de France, 174(1), 57–70. https://doi.org/10.2113/174.1.57
Béchennec, F., et al. (1990). The Hawasina Nappes: Stratigraphy, palaeogeography and structural evolution of a fragment of the south-Tethyan passive continental margin. In A. H. F. Robertson, M. P. Searle, & A. C. Ries (Eds.), The geology and tectonics of the Oman region (Vol. 49, pp. 213–223). Geological Society. https://doi.org/10.1144/GSL.SP.1990.049.01.13
Nasir, S., et al. (2006). Geochemistry and petrology of Tertiary volcanic rocks and related ultramafic xenoliths from the central and eastern Oman Mountains. Journal of African Earth Sciences, 46(3), 227–242. https://doi.org/10.1016/j.jafrearsci.2006.06.002
Colombo, C., Vergani, L., & Burman, M. (2012). Static and fatigue characterisation of new basalt fibre reinforced composites. Composite Structures, 94, 1165–1174. https://doi.org/10.1016/j.compstruct.2011.10.007
Sim, J., Park, C., & Moon, D. Y. (2005). Characteristics of basalt fiber as a strengthening material for concrete structures. Composites Part B: Engineering, 36(6–7), 504–512. https://doi.org/10.1016/j.compositesb.2005.02.002
Dhand, V., et al. (2015). A short review on basalt fiber reinforced polymer composites. Composites Part B: Engineering, 73, 166–180. https://doi.org/10.1016/j.compositesb.2014.12.011
Dias, D. P., & Thaumaturgo, C. (2005). Fracture toughness of geopolymeric concretes reinforced with basalt fibers. Cement and Concrete Composites, 27, 49–54. https://doi.org/10.1016/j.cemconcomp.2004.02.044
Wei, B., Cao, H., & Song, S. (2010). Degradation of basalt fibre and glass fibre in alkaline solution. Corrosion Science, 52(6), 2138–2143. https://doi.org/10.1016/j.corsci.2010.02.012
Liu, M., et al. (2024). Investigation into the long-term alkali resistance of basalt fibers. Journal of Building Engineering, 98, 111105. https://doi.org/10.1016/j.jobe.2024.111105
Çetin, S. Y. (2025). An experimental study of basalt aggregate concrete according to different size effect laws. Alexandria Engineering Journal, 120, 358–370. https://doi.org/10.1016/j.aej.2025.02.034
Schrenk, M., et al. (2024). Sustainable concrete-based structures: Review for the potential benefits of basalt fiber reinforced concrete (BFRC) in enhancing the environmental performance of buildings. In REAL CORP 2024 Proceedings. https://doi.org/10.48494/REALCORP2024.4007
Harle, S. M. (2024). Durability and long-term performance of fiber reinforced polymer (FRP) composites: A review. Structures, 60, 105881. https://doi.org/10.1016/j.istruc.2024.105881
Son, D. G., et al. (2025). Permanent strain behavior of basalt fiber-reinforced controlled low-strength material under repeated loading. Transportation Geotechnics, 52, 101570. https://doi.org/10.1016/j.trgeo.2025.101570
Xia, W., et al. (2025). Influence of single/hybrid addition of basalt fiber and calcium sulfate whisker on early performance of epoxy resin based rapid repair mortar. Journal of Building Engineering, 100, 111746. https://doi.org/10.1016/j.jobe.2024.111746
Xiang, D., et al. (2025). Mechanical property enhancement of basalt fiber-reinforced epoxy composites via construction of an organic/inorganic hybrid interface. Progress in Natural Science: Materials International. https://doi.org/10.1016/j.pnsc.2025.01.002
Wellco Industries. (2025). Basalt FRP rebar cost. https://www.wellcoindustries.com/understanding-basalt-frp-rebar-costs-a-comprehensive-guide/
Barforoush, M. J., et al. (2025). Experimental investigation of the effect of basalt fibers on the mechanical properties and gamma ray shielding properties of high-performance fiber-reinforced concrete. Construction and Building Materials, 458, 139551. https://doi.org/10.1016/j.conbuildmat.2024.139551
Li, Z., et al. (2018). Properties and applications of basalt fiber and its composites. In IOP Conference Series: Earth and Environmental Science (Vol. 186, p. 012052). https://doi.org/10.1088/1755-1315/186/2/012052
Monaldo, E., Nerilli, F., & Vairo, G. (2019). Basalt-based fiber-reinforced materials and structural applications in civil engineering. Composite Structures, 214, 246–263. https://doi.org/10.1016/j.compstruct.2019.02.002
Ziada, M., Tanyildizi, H., & Coskun, A. (2025). Mechanical and microstructural properties of basalt fiber reinforced underwater geopolymer mortar. Structures, 75, 108814. https://doi.org/10.1016/j.istruc.2025.108814
Precedence Research. (2025). Basalt fiber market size, outlook and forecast report, 2024–2032. https://www.precedenceresearch.com/basalt-fiber-market
Fortune Business Insights. (2025). Basalt fiber market size, share, growth report, 2032. https://www.fortunebusinessinsights.com/basalt-fiber-market-102317
Spherical Insights. (2025). Basalt fiber market size, share, & trends. https://www.sphericalinsights.com/reports/basalt-fiber-market
Maximize Market Research. (2025). Basalt fiber market size, growth & share. https://www.maximizemarketresearch.com/market-report/global-basalt-fiber-market/26322/
Grand View Research. (2025). Basalt rock market size and share: Industry report, 2030. https://www.grandviewresearch.com/industry-analysis/basalt-rock-market-report
MarketsandMarkets. (2025). Basalt fiber market size & forecast. https://www.marketsandmarkets.com/Market-Reports/basalt-fiber-market-39388070.html
SNS Insider. (2025). Basalt fiber market size, share, growth, trends and forecast 2023–2032. https://www.snsinsider.com/reports/basalt-fiber-market-2759
Market Research Future. (2025). Basalt fiber market size, share & forecast report 2035. https://www.marketresearchfuture.com/reports/basalt-fiber-market-7907
Global Market Insights. (2025). Basalt fiber reinforced polymer market size & share report—2032. https://www.gminsights.com/industry-analysis/basalt-fiber-reinforced-polymer-bfrp-market
U.S. Geological Survey. (2024). Mineral commodity summaries 2024: Stone (crushed). https://pubs.usgs.gov/periodicals/mcs2024/mcs2024-stone-crushed.pdf
Rockpanel. (2025). How sustainable is basalt as a facade material? https://www.rockpanel.com/uk/product-benefits/sustainability/how-sustainable-is-basalt-as-a-facade-material/
Basalt MSSolutions. (2025). Riding the green wave: The rise of basalt fiber in sustainable materials. https://cs.basaltmssolutions.com/riding-the-green-wave-the-rise-of-basalt-fiber-in-sustainable-materials
IMARC Group. (2025). Basalt fiber market size & trends report 2025–2033. https://www.imarcgroup.com/basalt-fiber-market
Sikurajapathi, S., Ranjith, P. G., & Yang, S. Q. (2025). Basalt as a carbon sink: Mechanism, alterations and technological advances. Fuel, 395, 135193. https://doi.org/10.1016/j.fuel.2025.135193
Matter, J. M., et al. (2016). Rapid carbon mineralization for permanent disposal of anthropogenic carbon dioxide emissions. Science, 352(6291), 1312–1314. https://doi.org/10.1126/science.aad8132
Al-Yaseri, A., et al. (2025). Evidence of hydrogen release during CO₂ sequestration in basalt. International Journal of Hydrogen Energy, 101, 1183–1190. https://doi.org/10.1016/j.ijhydene.2024.12.448
Yin, Y., et al. (2025). Progress, challenges, and prospects of CO₂ mineral sequestration in basalt: A critical review. Applied Energy, 381, 125127. https://doi.org/10.1016/j.apenergy.2024.125127
Li, G., Gamage, R. P., & Liu, Y. (2025). The future of carbon capture: Basalt's role in low-hydration CO₂ sequestration. Geoscience Frontiers, 102056. https://doi.org/10.1016/j.gsf.2025.102056
Ministry of Energy and Minerals, Oman. (2023). Annual report 2023. https://mem.gov.om/Portals/0/MEM%20Annual%20Report%202023%20-.pdf
TrendEconomy. (2025). Oman: Imports and exports—Granite, porphyry, basalt, 2012–2023. https://trendeconomy.com/data/h2/Oman/2516
IndexBox. (2025). Price for gravel and crushed stone in Oman—2025. https://www.indexbox.io/search/price-for-gravel-and-crushed-stone-oman/
Arab Basalt Fiber Company. (2025a). About us. https://abfc.com/new-page-about-us/
Pavlović, A., et al. (2022). Sustainability of alternative reinforcement for concrete structures: Life cycle assessment of basalt FRP bars. Construction and Building Materials, 334, 127424. https://doi.org/10.1016/j.conbuildmat.2022.127424
Arab Basalt Fiber Company. (2025b). Comparison of rebar and BFRP rebar prices today. https://arabbasaltfiber.com/comparison-of-rebar-and-bfrp-rebar-prices-today/
Emirates NBD Research. (2025). Overview of the UAE manufacturing sector. https://www.emiratesnbdresearch.com/en/articles/overview-of-the-uae-manufacturing-sector
Taiwan News. (2025). Saudi Arabia basalt fiber market outlook 2024–2032. https://www.taiwannews.com.tw/en/news/6154209
Arab Basalt Fiber Company. (2025c). Arab Basalt Fiber Company. https://arabbasaltfiber.com/
Chambers and Partners. (2025). Free trade and special economic zones in Oman. https://chambers.com/articles/free-trade-and-special-economic-zones-in-oman
Benzecry, V., et al. (2021). Durability assessment of 15- to 20-year-old GFRP bars extracted from bridges in the US. Journal of Composites for Construction, 25(2). https://doi.org/10.1061/(ASCE)CC.1943-5614.0001110
Benmokrane, B., et al. (2017). Laboratory assessment and durability performance of vinyl-ester, polyester, and epoxy glass-FRP bars for concrete structures. Composites Part B: Engineering, 114, 163–174.
ACI Committee 440. (2015). Guide for the design and construction of structural concrete reinforced with FRP bars (ACI 440.1R-15). American Concrete Institute.
Robert, M., Cousin, P., & Benmokrane, B. (2009). Durability of GFRP reinforcing bars embedded in moist concrete. Journal of Composites for Construction, 13(2), 66–73.
Benmokrane, B., et al. (2021). Durability performance of basalt and glass FRP bars in accelerated aging environments. Polymers, 13(11), 1893.
Wu, G., et al. (2015). Prediction of long-term performance and durability of BFRP bars under sustained load and corrosive solutions. Journal of Composites for Construction, 19(3).
Al-Tamimi, A. K., et al. (2020). Durability of BFRP-reinforced concrete beams under outdoor exposure in UAE. Polymers, 12.
Pallister, J. S., & Hopson, C. A. (1981). Samail Ophiolite plutonic suite: Field relations, phase variation, cryptic variation and layering. Journal of Geophysical Research, 86(B4), 2593–2644.
Godard, A., et al. (2008). Geochemistry of the basaltic crust of the Samail Ophiolite, Oman. Chemical Geology, 253, 180–197.
Godard, M., et al. (2021). Geochemical profiles across the listvenite-metamorphic transition in the basal megathrust of the Semail Ophiolite: Results from OmanDP Hole BT1B. Journal of Geophysical Research: Solid Earth, 126, e2021JB022733. https://doi.org/10.1029/2021JB022733
Eamon, C. D., et al. (2012). Life cycle cost analysis of alternative reinforcement materials for bridge superstructures. Journal of Materials in Civil Engineering, 24(4), 373–380. https://doi.org/10.1061/(ASCE)MT.1943-5533.0000398
Younis, A., & Ebead, U. (2020). Long-term cost performance of corrosion-resistant reinforcements in structural concrete. In Proceedings of the International Conference on Civil Infrastructure and Construction (CIC 2020) (pp. 801–805). Qatar University. https://doi.org/10.29117/cic.2020.0104
Nystrom, H. E., et al. (2003). Financial viability of FRP bridges. Journal of Management in Engineering, 19(1), 2–8.
Sahirman, S. (2009). Fiber reinforced polymer (FRP) bridge deck life-cycle cost analysis [Doctoral dissertation, West Virginia University]. https://researchrepository.wvu.edu/etd/4525/
Kelemen, P. B., et al. (2011). Rates and mechanisms of mineral carbonation in peridotite. Annual Review of Earth and Planetary Sciences, 39, 545–576.
Kelemen, P. B., & Matter, J. (2008). In situ carbonation of peridotite for CO₂ storage. PNAS, 105(45), 17295–17300.
Oman Power and Water Procurement Company (PWP). (2025). 7-year power statement (2025–2031). Oman Power and Water Procurement Company SAOC. https://www.omanpwp.om/storage/files/1/7-year-statement/696087c603ae3.pdf
Downloads
Published
Versions
- 2026-10-21 (2)
- 2026-04-07 (1)
Issue
Section
License
Copyright (c) 2026 Future Cities and Environment

This work is licensed under a Creative Commons Attribution 4.0 International License.