Given the important role that mining plays in the regional economy for any country that aspires to diversify its sources of income and not depend primarily on oil. And since Libya has many mineral ores with a high comparative advantage in terms of abundance of quantities, ease of location, and the importance of their production to meet local and external needs.

In order to make optimal use of natural resources and by evaluating previous work experience and benefiting from the experiences of brotherly and friendly countries, the former General People's Committee issued Resolution No. The establishment of the National Mining Corporation in order to activate the tightening of control over this activity and increase its contribution to the national economy.

In continuation of the objectives for which the institution was established, the former General People's Committee issued Resolution No. (70) for the year (1376 FDP) (2008 AD) regarding the determination of some provisions in the matter of mines and quarries, according to which The National Mining Corporation was entrusted with the tasks of implementing the provisions of Law No. (2) for the year (1971 AD) regarding mines and quarries and its executive regulations and amendments, as well as entrusting the corporation with granting licenses, concluding investment contracts and collecting royalties related to mines and quarries. It was supplied during the year (2009-2010) and multiplied.

The Corporation also made many rounds of advertising, which resulted in investing some raw materials in establishing cement factories, which aims to reach a productivity of 26 million tons annually and open horizons for 15,000 job opportunities by the year 2033. All of this is a first step on the path.