Saudi Aramco and Ma'aden form mineral venture
The article discusses the announcement by Saudi Aramco and Maaden of a joint venture to explore minerals and extract hard rocks within the Kingdom. The project aims to discover important minerals such as copper and transformative minerals to support the energy transition. It focuses on utilizing advanced technologies, including artificial intelligence and computational algorithms, to accelerate discovery processes and increase efficiency. The venture is located in the transforming region of the Arab Shield, which spans approximately 182,000 square kilometers. The collaboration relies on the expertise of both companies in this field, leveraging the vast repository of geological data from Aramco. The goal is to enhance the Kingdom's role in the global mineral value chain and support the growing demand for transformative minerals.
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