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5651 mining sites reinforce mining as Saudi's third economic pillar
The mining sector in Saudi Arabia has undergone a structural transformation, with the limited mineral activity now surpassing its previous role to become the third pillar of the national economy, after oil and petrochemicals. Over 5,651 mining sites have been discovered across 13 regions, increasing the value of unexploited reserves to approximately 9.3 trillion riyals. The largest sites are concentrated in Riyadh, Madinah, and Mecca, which enhances investment growth opportunities in basic, precious, and critical metals that support future industries such as batteries and solar energy.
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