Saudi Arabia's Mineral Strategy: A Key Topic in MBS's US Visit
Update: 2025-11-18
Description
Saudi Arabias Crown Prince, MBS, is set to meet with US President Trump, focusing on the Kingdoms burgeoning mineral strategy. Under Vision Two Thousand Thirty, mining is a third pillar of the Saudi economy, with estimated untapped mineral wealth valued at $2.5 trillion. The Kingdom has established a new regulatory system, attracting international companies like Alcoa, Mosaic, and Barrick. Maaden, a Saudi mining giant, is central to these efforts, aiming to produce, not just import, battery metals by the late twenty-twenties. The Kingdoms ambitious strategy will be a key topic during MBSs visit, where a US-Saudi mining cooperation agreement is being prepared.
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