‎Global mining needs $6T investments over next decade: Alkhorayef

The global mining sector requires $6 trillion in investments over the next decade to meet growing demand, said Bandar Alkhorayef, Minister of Industry and Mineral Resources.

There is a pressing need for international cooperation to address the increasing demand for minerals, Alkhorayef added on the sidelines of the fourth annual international ministerial meeting of mining ministers, citing the growing international participation in ambitious plans for the global mining sector.

Minerals are the essence of supply chains and are critical for meeting the rising demand driven by the energy transition, he indicated.

The global mining sector requires $6 trillion in investments over the next decade to meet growing demand, said Bandar Alkhorayef, Minister of Industry and Mineral Resources.

There is a pressing need for international cooperation to address the increasing demand for minerals, Alkhorayef added on the sidelines of the fourth annual international ministerial meeting of mining ministers, citing the growing international participation in ambitious plans for the global mining sector.

Minerals are the essence of supply chains and are critical for meeting the rising demand driven by the energy transition, he indicated.