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Saudi Arabia’s trillion-dollar push - Future Minerals Forum...
29 Dec, 2025 08:06
290 min read
Saudi Arabia's mining sector is rapidly evolving into a major investment destination, driven by an estimated $2.5 trillion in mineral potential and significant regulatory reforms. Since the 2020 overhaul of its mining investment law, the number of licensed mining companies has surged from six to over 150, and exploration spending reached SAR 1.33 billion from 2019 to 2023. The country has gained international recognition for its political stability and improved regulatory environment. Additionally, the government's Exploration Enablement Program is co-investing in early-stage projects to accelerate discoveries. With the Future Minerals Forum highlighting global collaboration, Saudi Arabia is positioning mining as a "third pillar" of its economy alongside energy and petrochemicals....
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