• En
    • ع
Saturday, June 7, 2025
Daleel News
  • Home
  • Industry
  • Energy
  • Mining
  • Logistics
  • Supply chain
No Result
View All Result
  • Home
  • Industry
  • Energy
  • Mining
  • Logistics
  • Supply chain
No Result
View All Result
Daleel News
  • En
    • ع

Saudi Arabia Explores Lithium Ventures in Chile

Manara Minerals Eyes Chilean Lithium for EV Ambitions

by Huda Marshad
July 30, 2024
in Mining
Copy Link شارك على فيسبوكشارك على تويتر

Saudi Arabian enterprise Manara Minerals is currently assessing potential investments in lithium extraction within Chile, as expressed by the nation’s mining minister Bandar Alkhorayaf during his visit to the Latin American state.

The collaboration between the governmental miner Ma’aden and the Public Investment Fund (PIF), Manara, is “analysing the different options,” remarked Alkhorayaf in a recent dialogue.

With ambitions to establish itself as a central player in the battery and electric vehicle (EV) manufacturing sector, Saudi Arabia is proactively seeking to diversify its economy beyond its traditional reliance on oil. This strategic move includes securing lithium and other vital minerals.

The Saudi Minister of Industry and Mineral Resources highlighted Chile’s status as a leading producer of the crucial battery metal and conveyed optimism about Manara’s potential engagement with Chilean lithium resources. “I think we can see something happening with Manara on the Chilean assets here. It makes a lot of sense,” he stated, noting the Chilean government’s strong commitment to facilitating such investments.

Although Alkhorayaf was not privy to specific negotiations, he acknowledged that Chile’s national mining company, Codelco, is on the lookout for a collaborator on a significant lithium venture at the Maricunga salt flat, while other deposits have recently been made available to private stakeholders.

Meetings convened on Monday with Chile’s mining ministry saw the participation of both Alkhorayaf and Manara CEO Pierre Chenard, with Codelco representatives in attendance. Further discussions were scheduled, including a meeting with Codelco’s Chairman Maximo Pacheco and representatives from other mining firms like SQM, Antofagasta, and CAP.

However, with Pacheco accompanying Chilean President Gabriel Boric on a trip to the UAE aimed at bolstering investment ties, Codelco did not issue comments on the impending Tuesday meeting.

Alkhorayaf emphasized the urgency with which Saudi Arabia is pursuing lithium acquisition, including prospects in Chile, to support domestic EV battery production. “We have very ambitious leadership,” he said, emphasizing the need for immediate action.

The dialogue between Alkhorayaf and his Chilean counterpart Aurora Williams encompassed topics such as the mineral supply chain, water resources, and lithium. Further, Alkhorayaf proposed the creation of a bilateral working group to foster deeper collaboration, as reported by Chile’s mining ministry.

Tags: Battery ProductionChile MiningLithium InvestmentManara MineralsSaudi Arabia
Copy Link ShareShareTweetSend

Related Posts

Mining

Mining Licenses Drive Saudi Arabia’s Industrial Growth

May 30, 2025
Mining

Women in Mining Association Empowers Saudi Mining Sector

May 25, 2025
Mining

Rare Earth Supply Chain in Saudi Arabia: Maaden & MP Materials

May 20, 2025
Mining

Rare Earths Supply Chain: MP Materials & Saudi Arabia Deal

May 16, 2025
Mining

Mining Collaboration: Saudi Arabia and Indonesia Sign Agreement

April 19, 2025
Mining

Future Minerals Forum Secures $28.5B Deals

February 10, 2025

Recommended News

Nissan-PIF Partnership: A New Chapter in Auto Industry

Nissan-PIF Partnership: A New Chapter in Auto Industry

April 21, 2025
Feeder Shipping Growth in Saudi Arabia: A 2030 Powerhouse

Feeder Shipping Growth in Saudi Arabia: A 2030 Powerhouse

April 19, 2025
King Salman Automotive Cluster Drives Saudi Automotive Growth

King Salman Automotive Cluster Drives Saudi Automotive Growth

April 23, 2025

Browse by Categories

  • Climate
  • Energy
  • Industry
  • Logistics
  • Mining
  • Supply chain

Browse by Topics

Battery Energy Storage clean energy digital transformation Economic Diversification Economic Growth Electric Vehicles Energy Storage energy transition Exploration Licenses GFH Financial Group Global Logistics Global Logistics Forum green hydrogen Industry 4.0 Innovation Investment JinkoSolar Joint Venture Logistics Hub Logistics Infrastructure Manufacturing Mineral Resources Mining Industry mining sector Renewable Energy Saudi Arabia Saudi Arabia Logistics Saudi Arabia Mining Saudi Vision 2030 Solar Energy Solar Power solar projects supply chain Supply Chain Management Sustainability Sustainable Development Vision 2030 Wind Energy wind power استثمار السعودية السيارات الكهربائية الطاقة الشمسية سلسلة التوريد صناعة التعدين

Follow Us

Follow us on social media:
Recent News
Recent Posts
  • Saudi Arabia’s Renewable Energy Leadership with IRENA
  • Small Modular Reactor Technology Powers GCC Energy Future
  • NEOM Green Hydrogen Plant Nears Completion in Saudi Arabia
Categories
Categories
  • Climate
  • Energy
  • Industry
  • Logistics
  • Mining
  • Supply chain
Newsletter
Subscribe to our mailing list to receives daily updates direct to your inbox!
All rights reserved for the National Industrial Development and Logistics Program
  • Home
  • Privacy Policy
No Result
View All Result
  • Home
  • Industry
  • Energy
  • Mining
  • Logistics
  • Supply chain
  • Privacy Policy

All rights reserved for the National Industrial Development and Logistics Program