19 Hrs
Source:
الاقتصادية
Aramco and Maaden expand economic base
A joint project between Saudi Aramco and Ma'aden has been launched, aiming to combine advanced technical capabilities with mining expertise to enhance mineral exploration, improve investment efficiency, and expand industrial value chains in Saudi Arabia. The project focuses on exploring minerals such as copper, zinc, lead, and rare earth elements, utilizing artificial intelligence technologies, digital modeling, and data analysis to improve targeting accuracy and reduce exploration costs. It supports Vision 2030 by transforming the mining sector into a key pillar of the national economy, increasing local content, and shortening the transition time from discovery to production, through extensive technological investments like quantum computing and cloud platforms. The ultimate goal is to convert exploration results into advanced industrial facilities, thereby boosting economic diversification and generating higher added value within the Kingdom.
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