RIYADH: Saudi Arabia showcased its mining reforms and investment opportunities at the PERUMIN 37 Mining Conference in Arequipa, Peru, aiming to position the Kingdom as a global hub for minerals and downstream processing.
A delegation comprising representatives from the Ministry of Industry and Mineral Resources, the Saudi Geological Survey, and the Saudi Mining Services Co. highlighted Saudi Arabia’s commitment to sustainable mineral resource development, the Saudi Press Agency reported.
The group also emphasized the upcoming fifth edition of the Future Minerals Forum, scheduled for January 2026 in Riyadh.
The Kingdom’s participation comes amid a sharp rise in mining exports, which have surged by about 80 percent due to increased production of key minerals including phosphate, iron, aluminum, copper, and gold.
According to a report in August, current and planned investments in the sector are estimated at SR180 billion ($48 billion), as Saudi Arabia intensifies its strategy to position itself as a global hub for mineral resources.
