Riyadh Newspaper | 25 ministers from Africa and Asia briefed on Saudi mining opportunities.. next January

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25 ministers from Africa and Asia briefed on Saudi mining opportunities.. next January

Local and international companies investing in the Saudi mining sector

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                <p>The Ministry of Industry and Mineral Resources said that more than 50 international speakers from leading companies specialized in the mining sector or value-added chains will participate in the "Future of Minerals Summit", scheduled to be held from January 11 to 13, 2022 AD, in Riyadh, noting that the summit will also witness A ministerial meeting was held for more than 25 countries from Asia and Africa, with the aim of providing an opportunity for investors, mining companies and parties involved in the mining sector, worldwide, to meet and learn about everything that concerns them about the potential and opportunities of the mining sector in the Kingdom, the Middle East, Central Asia, and Africa.

The global summit will witness the attendance of a number of ministers concerned with the mining sector from different countries of the world, and more than 50 international speakers in the field of mining, including Mark Bristow, CEO of Barrick Gold Corporation, and Robert Friedland; Founder and Co-Chairman of the Canadian Ivanhoe Mines Company, Eric Kantor; Managing Director, Mollis & Company, Andrew Forrest; President, Fortescue Minerals Group, Andrew Liveris; President of Lucid Motors, Roy Harvey; President and CEO of Alcoa, Jeremy Weir; Chairman, Trafigura CEO, Marco Lambertini; Secretary General of the World Wide Fund for Nature, Thomas Kaplan; Chairman, Nova Gold, Jeffrey Dawes; CEO of Komatsu Mining, Rohic Dhawan; CEO of the International Council on Mining and Minerals, Peter Lyon; Partner in Herbert Smith Freehills, and one of the leading lawyers in the field of mining in the world, the summit will also witness discussions gathering leaders of international organizations; Such as the World Bank, the International Council on Mining and Minerals, and the World Gold Council.

For his part, the Deputy Minister of Industry and Mineral Resources for Mining Affairs said; Eng. Khalid bin Saleh Al-Mudaifer, the position of the speakers participating in the summit reflects the great interest in the new trend towards developing the mining sector in the Kingdom of Saudi Arabia in particular, and in the regions of the Middle East, Central Asia and Africa in general, noting that these regions will play a vital role in meeting The rapid growth in global demand for minerals needed to manufacture advanced technologies, implement the concept of a circular carbon economy, and respond to people’s renewable lifestyles in the future.

His Excellency added that the summit will be a comprehensive international forum, which provides an opportunity for investors, mining companies and parties concerned with the mining sector, worldwide, to meet and learn about everything that concerns them about the potential and opportunities of the mining sector in the Kingdom of Saudi Arabia, the Middle East, Central Asia and Africa, and the recent on how to build a sustainable mining industry, and gain in-depth knowledge about the huge geological potential of the target areas.

Al-Mudaifer also indicated that on January 11, 2022 AD, a meeting is scheduled to be held in which the ministers of more than 25 countries from the Middle East, Central Asia and Africa will discuss the future of mining, stressing that the Kingdom’s ambition is to shape the future of mining and find solutions to the challenges that it faces. The sector faces, the most important of which is the ability to provide supplies of important minerals in the future, in addition to shaping the mining sector to do its work in the right way, in a sustainable and fair manner, by bringing together governments, the private sector, international organizations, and non-governmental organizations.

For his part, the CEO of the International Council of Mining and Minerals explained; Rohich Dhawan, that it is necessary to meet with governments, and with other relevant authorities, to lay the foundations for safe, equitable and sustainable production in the mining and minerals sector, to achieve sustainable development goals, stressing that the council’s research clearly shows that if the appropriate conditions exist, it The mining sector can be a great driving force for national and regional development, declaring its welcome to this important event that comes in light of the conditions experienced by the sector, the targeted regions, and the whole world. It is noteworthy that the Future of Minerals Summit program is designed to reflect the interest in sustainability, and contains proposals that are commensurate with the increasing demand for minerals used in modern technologies. Such as electric cars, solar panels, and wind turbines.

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