“The Saudi mining strategy and the Kingdom’s National Industrial Development and Logistics Program aim to transform the mining sector into the Kingdom’s third pillar of the industry, effectively creating an industry that could compete globally and stand on equal footing with the Kingdom’s already established dominance in petroleum and petrochemicals.”
-Khalid S. Al-Mudaifer, Vice Minister for Mining Affairs and President of the Saudi Geological Survey, speaking at a Mines and Money 5@5 webinar titled “The regional geological survey program — the foundation for a new Saudi mining sector.” He also said new mineral data will be publicly available in the coming months and that the Saudi mining sector has been earmarked for major investment — local and global — as part of the Saudi Vision 2030. [Arab News]
