Saudi Arabia launches mining fund in effort to reduce oil dependency

Investments up to $15bn aim to secure access to minerals used in solar panels, electric cars and other industries.

Saudi Arabia Mining Funding and Opportunities

Saudi Arabia has launched a mining fund that plans to invest up to $15bn of capital in overseas assets as the country works to reduce its dependence on fossil ...

Mining sector to a play pivotal role in Saudi Arabia's economic ...

The government is focused on accelerating exploration and mining activity and reducing the Kingdom's dependency on oil revenue. In line with ...

Harry Dempsey on X: "The new geopolitics of mining Saudi Arabia ...

The new geopolitics of mining Saudi Arabia has launched a mining fund ... Saudi Arabia launches mining fund in effort to reduce oil dependency.

Saudi Arabia Strives to Become Major Player in Mineral Supply ...

Currently, Saudi Arabia secures its mineral resources through international investments and offtake agreements; but, in the long term, it plans ...

Saudi Arabia launches bid for seven mining exploration licenses

RIYADH: Saudi Arabia has launched a competitive bid for seven new mining exploration licenses, covering an area of approximately 1000 sq. km ...

Life Beyond Oil: Saudi Arabia's Mining Ambitions

Saudi Arabia faces a complex challenge: it remains heavily reliant on oil revenues not only to fund government salaries and infrastructure but ...

Saudi Arabia launches mining fund in effort to reduce oil dependency

In lesson for Nigeria, Saudi Arabia launches mining fund to curb oil ...

Saudi Arabia, the second largest oil producer in the world, has launched a mining fund that plans to invest up to $15bn of capital in overseas assets.

Satish Penmetsa on LinkedIn: Saudi Arabia launches mining fund in ...

FYI... Saudi is planning for a post-oil-hungry world. Based on everything I've read and heard (and also talked to folks from the Kingdom at ...

Mining sector to play pivotal role in Saudi Arabia's economic ...

The government has launched mega projects such as NEOM and the Red Sea, in line with its commitment to diversify the Kingdom's economy away from ...

Jessica Freeman on LinkedIn: Saudi Arabia launches mining fund in ...

Saudi Arabia launches mining fund in effort to reduce oil dependency. "Investments up to $15bn aim to secure access to minerals used in ...

Breaking oil dependency: Saudi Arabia unveils $182 million ...

On January 10, 2023, a senior government official stated that Saudi Arabia had initiated a $182 million incentive program for mineral exploration.

Saudi Arabia is mining the future of energy | WIRED Middle East

In order to avoid single-handedly bearing capital expenditures, Saudi Arabia is eyeing a $170 billion influx of investment in its mining sector ...

Saudi Arabia's Vision 2030 Program Explained - Centuro Global

It was launched in April 2016 by Crown Prince Mohammed bin Salman. The program aims to diversify the oil-dependent Kingdom's economy, ...

Saudi Arabia in advanced talks over Zambia copper mine stake, Ma ...

The country's growing mining industry is a key pillar in de-facto ruler Crown Prince Mohammed Bin Salman's Vision 2030 programme to diversify ...

Saudi Arabia Pushes Ahead to Become a Global Mining Player

For example, Saudi Arabia hopes that its mining-powered green transition will bring the contribution of renewable energy to the overall energy ...

Unearthing the transformative potential of Saudi Arabia's mining sector

“The Saudi Industrial Development Fund also offers financial support such as loans with competitive interest rates to encourage investments in ...

Saudi Arabia - Financial Times

Public Investment Fund of Saudi Arabia · Saudi Arabia's PIF discloses investments in ... Saudi Arabia launches mining fund in effort to reduce oil dependency.

Cheap cars, supersonic jets and floating power plants

Speaking to undercover reporters, Saudi energy officials disclosed ambitious plans to undo progress on phasing out oil by financing high ...