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Overview - NIDC

In recent years, Saudi Arabia has witnessed remarkable growth in the production of primary, midstream and downstream mineral and metals products catering to both local and export markets. Currently, Saudi Arabia strives to increase the mining sector contribution to the Saudi economy as a part of the Kingdom's 2022 vision to become the third pillar of KSA Industry

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 · Ahead of the Future Minerals Summit set to be held in Riyadh, Saudi Arabia from 11-13 January, 2022, IM Editorial Director Paul Moore had the opportunity to talk with the Vice-Minister of Mining Affairs for the Ministry of Industry and Mineral Resources of the Kingdom Saudi Arabia, His Excellency Khalid Al-Mudaifer, who also happens to be the ex-CEO of state

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Saudi Arabia's Vision 2022 framework identified mining as a potential driver towards diversifying the Saudi economy. The country has just implemented a new mining investment law and hopes to attract new investors that can harness Saudi Arabia's natural resources – government studies have indicated Saudi Arabia's untapped potential mineral wealth could be as high as $

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Saudi Arabia's mining sector continues to expand and provides a growing opportunity for companies. The government plans to make mining the third pillar of the economy, alongside oil and downstream petrochemical production. In March 2022, former Saudi Energy Minister Khalid Al-Falih announced that the Kingdom has $ trillion worth of mining resources and aims to

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