PUBLICATION

Global Business Reports

AUTHORS

Braulio Tresguerres, Aya Turk, Helene Jaspers

Saudi Arabia Mining 2025

January 15, 2025

Sweeping reforms, new licensing rounds, joint venture opportunities, and untapped mineral regions estimated to be worth US$2.5 trillion are positioning KSA as an example for the rest of the industry in terms of standards, partnerships, and speed.

Saudi Arabia's 'Vision 2030' blueprint has placed mining at the forefront of its economic diversification efforts. The move was bold, given KSA's strong reliance on oil, and strategic, as mining was not as developed. However, as every interviewee in this report assured, the government's commitment to making mining the third pillar of Saudi Arabia's economy is unparalleled in other mining jurisdictions. 

As part of this plan, the Future Minerals Forum (FMF) emerged in Riyadh, quickly becoming one of the leading go-to events in the industry. It brings together key C-level executives and governmental figures to discuss not only the current state of the sector but also its future direction, particularly within the newly coined term, the "Super Region," where KSA is strategically positioned at the center, connecting Africa, the Middle East, and Central and South Asia.

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