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Industry Ministry reviews marine mining rules

Industry Ministry reviews marine mining rules

The Ministry of Industry and Mineral Resources discussed, during a workshop, the development of a regulatory framework for the exploration and extraction of marine mineral resources in the Kingdom, with the goal of promoting investment and developing the sector in line with Vision 2030. The workshop covered mechanisms for collaboration among the relevant government agencies and reviewed best international practices to support good governance and the sustainability of marine mining. Participants included representatives from several ministries, including Defense, Environment, and Energy, to enhance the Kingdom's position as a global hub for mining and minerals.

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