Qassim region in Saudi Arabia is poised to play a significant role in the Kingdom’s Vision 2030 due to its SR122 billion ($32.5 billion) in untapped mineral wealth. This includes high-quality ores like lead, tin, granite, and tungsten, as highlighted by a Ministry of Industry and Mineral Resources spokesperson.
The strategic push for economic diversification has brought mining to the forefront of Saudi Arabia’s development plans, with the nation’s total mineral wealth estimated at SR9.4 trillion. Qassim’s mineral resources alone are valued at SR122.3 billion, with substantial deposits of gold, bauxite, zinc, copper, and silver.
Located about 400 km northwest of Riyadh, Qassim features 35 mineralized belts, including numerous sites for gold, copper, lead, nickel, and zinc. Additionally, the region boasts eight phosphate reserve sites and a mining complex for bauxite ore, alongside 32 mining complexes for construction materials.
Qassim’s industrial sector is both diverse and robust, with 580 factories concentrated mainly in Buraidah, Unaizah, Al-Rass, and Al-Badayea. Key industries include food and beverage production, pharmaceuticals, and rubber and plastic manufacturing, employing 35,000 workers, with women constituting over 15% of the workforce.
In an upcoming visit, Minister of Industry and Mineral Resources, Bandar Alkhorayef, will inaugurate projects in industrial cities under MODON and launch the Youth of Industry forum to enhance skills in the industrial sector through workshops and career counseling. This visit will also include initiatives to boost human capabilities in the industrial and mining sectors.
Saudi Arabia’s rich mineral deposits are essential for various global industries, positioning the Kingdom as a leading exporter of diverse energy resources, moving beyond its traditional oil production role. The country is well-positioned to supply minerals crucial for the energy transition and global agriculture.
