• En
    • ع
Friday, May 9, 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’s Strategic Move into EV and Mining Sectors

Industry Expansion to South America for EV Growth

by Huda Marshad
July 22, 2024
in Mining
Copy Link شارك على فيسبوكشارك على تويتر

Saudi Arabia is broadening its horizons by venturing into the electric vehicle market and bolstering its standing in the global mining sector. This initiative is leading the nation’s officials to explore potential partnerships in South America.

The country’s Minister of Industry and Mineral Resources, Bandar Alkhorayaf, is embarking on a journey to Brazil and Chile. This visit is a strategic move by the top oil-producing nation to diversify its mining engagements internationally.

During his stay in Brazil, the minister’s discussions will encompass sectors such as mining, food processing, and aviation. The agenda in Chile will be centered around lithium, a crucial component for electric vehicle batteries.

Alkhorayaf’s itinerary starts with his arrival in Brazil, after which he will proceed to Chile the following Sunday. Chile is recognized as the second-largest lithium producer globally. His meetings in Brazil will include prominent figures from the mining corporation Vale.

In Chile, his schedule includes engagements with Aurora Williams, the Mining Minister, and representatives from mining entities such as Antofagasta and Codelco. The latter is a state-owned firm with the mission of integrating the Chilean government into the lithium market.

Within Saudi Arabia, there is a wealth of minerals including gold, phosphate, bauxite, copper, zinc, and nickel. These resources are vital for the transition to renewable energy. The Ma’aden mining company, backed by the Public Investment Fund, is responsible for leveraging these assets, which have an estimated worth of $2.5 trillion. This valuation highlights their importance in contributing to the kingdom’s economic reformation goals.

Tags: Electric VehiclesLithiumMining IndustrySaudi ArabiaSouth America
Copy Link ShareShareTweetSend

Related Posts

Mining

Mining Collaboration: Saudi Arabia and Indonesia Sign Agreement

April 19, 2025
Mining

Future Minerals Forum Secures $28.5B Deals

February 10, 2025
Mining

Saudi Arabia’s Mining Exploration Boost

February 10, 2025
Mining

Ma’aden Boosts Growth with AI Tools

February 10, 2025
Maaden’s $1.25B Sukuk Fuels Expansion
Mining

Maaden’s $1.25B Sukuk Fuels Expansion

February 9, 2025
Mining

Saudi Arabia’s $9.3B Mining Investments Unveiled

November 27, 2024

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 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 sustainable energy Vision 2030 Wind Energy wind power استثمار السعودية السيارات الكهربائية الطاقة الشمسية سلسلة التوريد معادن

Follow Us

Follow us on social media:
Recent News
Recent Posts
  • Saudi-U.S. Investment Forum Boosts Economic Collaboration
  • Industrial Day Spurs Saudi Aviation Collaboration
  • AI Green Walls Launch in Saudi Arabia by CO2Wall
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