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الاقتصادية
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2026-08-18T11:27:05.859Z

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Aramco and Ma'aden to mine hard rocks

Aramco and Ma'aden to mine hard rocks

Saudi Aramco and Ma'aden have signed a joint venture agreement aimed at exploring and mining minerals, especially copper, in the Al-Rafiyyah region of Saudi Arabia. This area spans 182,000 square kilometers, representing 10% of the kingdom's land. The project seeks to utilize geological data and modern technologies such as artificial intelligence and high-performance computing to accelerate the discovery of critical minerals, with a particular focus on copper due to its significance in electric vehicle manufacturing and renewable energy. The project is expected to contribute to the growth of the kingdom's mining sector and enhance its role in the global mineral value chain, with market value projections for copper reaching up to $400 billion by 2035.

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