Mining

Saudi Arabia's Ministry of Industry and Mineral Resources has introduced the non-profit Women in Mining Association, an initiative designed to boost the involvement of Saudi women in the nation’s expanding mining industry, according to the Saudi Gazette. This new association is part of the ministry’s broader strategy to strengthen the non-profit sector within both industry and mining, highlighting its importance...

Saudi Arabian Mining Company (Maaden) has entered into a memorandum of understanding with US-based MP Materials to develop a comprehensive rare earth supply chain in Saudi Arabia, according to information presented at the US-Saudi Investment Forum 2025 in Riyadh. This partnership will cover the entire process—from mining and separation to refining and magnet manufacturing—aiming to strengthen Saudi Arabia’s industrial base...

MP Materials and Saudi Arabia’s state mining company Ma’aden have agreed to collaborate on building a rare earths supply chain in Saudi Arabia, according to MP Materials. The memorandum of understanding was signed during the US-Saudi Investment Forum 2025 in Riyadh and covers every stage from exploration and mining to refining and magnet manufacturing. Bob Wilt, CEO of Ma’aden, described...

Saudi Arabia and Indonesia have signed a memorandum of understanding to deepen collaboration in mining and minerals, according to the Saudi Press Agency. His Excellency Bandar Alkhorayef, Saudi Arabia’s Minister of Industry and Mineral Resources, and His Excellency Bahlil Lahadalia, Indonesia’s Minister of Energy and Mineral Resources, formalized the agreement in Jakarta. The partnership is set to promote knowledge exchange...

The recent Future Minerals Forum in Saudi Arabia concluded with a remarkable achievement, securing agreements worth US$28.5 billion. Over three days in Riyadh, 126 memorandums of understanding (MoUs) and agreements were finalized, involving governments, local firms, and international organizations. These agreements span diverse activities such as mineral exploration, financing, research and development, and sustainability efforts. Key Saudi entities like the...

Saudi Arabia has selected six mining companies, both local and international, for its Exploration Enablement Program (EEP), aimed at boosting investment and enhancing competitiveness in the mining sector. The chosen companies include Royal Road, Ajlan and Bros Holding, EV Metals Group, Ma’aden, Gold and Minerals Co., and Al-Masane Al-Kobra Mining Co. (AMAK). These companies will receive substantial support to accelerate...

Saudi Arabia's mining giant, Ma’aden, is on a mission to expand its operations tenfold by 2040. A crucial part of this ambitious plan involves boosting the productivity and efficiency of its workforce. To achieve this, Ma’aden has implemented advanced technological solutions like Microsoft 365 Copilot, Copilot Studio, and the Azure OpenAI Service. These tools assist employees in performing daily tasks...

Saudi Arabian Mining Co. (Maaden) has successfully raised $1.25 billion through its first Islamic bond sale. This significant financial move is aimed at supporting a major expansion over the next five years. Investor interest was high, with offers exceeding $10 billion for the sukuk. The bonds were divided into $750 million maturing in 2030 and $500 million maturing in 2035....

Saudi Arabia has announced nine substantial investment agreements in the metals and mining sector, totaling over $9.3 billion. This development aligns with the country's Vision 2030 plan, aiming to diversify its economy and attract significant foreign investment. The deals were unveiled at the World Investment Conference in Riyadh, part of the Saudi National Investment Strategy. Key participants include India's Vedanta...

Saudi Arabia is attracting investors from China and India to explore its estimated $2.5 trillion worth of mineral resources. The government announced nine deals in Riyadh totaling over $9.32 billion, including a $2 billion copper mining agreement with India's Vedanta and up to $1.6 billion primarily for zinc from China's Zijin. These untapped mineral resources, such as bauxite, copper, gold,...