The below figure illustrates a summary of the procedure that shall be followed to execute the operation model of MSIS. The whole value chain should be considered from exploration to mine closure and rehabilitation

For each set of selected minerals, scouting for new opportunities will normally takes place first, focusing on gathering and summarizing information on current industry through interviews with key Oman stakeholders, brief fact finding, factory visits and an intelligence gathering workshop (Fact finding workshop – where are we and where can we go? , Industry level), as well as landscaping international best practices for the complete mining sector value chains. New opportunities also include mineral waste stream mapping and valorization opportunity identification through the factory visits.

Tens of opportunities will be generated from the scouting phase for each set of minerals. The obtained opportunities shall be evaluated focusing mainly on technology readiness, opportunity sizing and generation of business canvasses for the most promising ones. The outcome from this phase will be presented to the Technical Committee which will select opportunities that will go for commercialization.

In this stage, 20-25 opportunities will be selected by the Technical Committee for implementation during the next 4 years of the program. These innovative opportunities will be implemented as new businesses or as enhancement of existing businesses through product / process improvements.

Five major opportunities with cumulative investment need in excess of OMR 25 million will be selected as well by the Technical Committee for development to the extent of business plan and feasibility study and will be presented to investors through PAM and partner funding agencies for further evaluation. An Advisory Committee will play a key role in the selection of the large-scale opportunities for feasibility study and take the high potential feasible opportunities forward for implementation. The Advisory Committee will monitor the progress of the implementation of the Innovation Strategy and facilitate access to industry, government and funding agencies wherever required.