The Saudi Ministry of Industry and Mineral Resources argues in London conference: "Saudi Arabia will become a leader in the sustainable production of metals, for the benefit of the net-zero transition."
LONDON, Dec. 2, 2022 /PRNewswire/ -- International delegates and global mining investors attending London's Mines and Money conference have heard how Saudi Arabia is arguing that the energy transition from hydrocarbons to renewables is opening the path for it to become a global leader in the sustainable and innovative production of minerals and metals, especially since a vast, new and largely untapped minerals super-region is emerging, stretching from Africa to central Asia.
- His Excellency Khalid Al-Mudaifer, Vice-Minister for Mining Affairs, Ministry of Industry and Mineral Resources, Kingdom of Saudi Arabia, laid out the case for urgent investment in minerals and metals extraction and value chains in Saudi Arabia.
- We need to scale up discoveries and we need to scale up production.
- In terms of phosphate fertilizer production alone, the Kingdom has already become the world leader.
- The Kingdom stabilized aluminum markets by building an industrial city that focuses on extracting and producing final products for the world.