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The Saudi Minister of Industry and Mineral Resources explained that the Kingdom aims to develop the mining and mineral sector in a manner similar to its historic role in stabilizing global energy supplies. This will be achieved through strengthening international partnerships and developing an integrated system to support sector growth. He also noted that Saudi Arabia has launched the International Mining Conference, which seeks to enhance cooperation between governments, companies, and financial institutions, in order to enable the sector to capitalize on mineral wealth estimated at $2.5 trillion, alongside supporting downstream industries and value chains to accomplish the goals of Vision 2030. Additionally, he emphasized that fostering international collaboration is vital for developing supply chains and achieving sustainable growth in the mining sector.
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