‎Saudi Arabia well-positioned to link mineral producers, consumers: Al-Khorayef

‎Saudi Arabia well-positioned to link mineral producers, consumers: Al-Khorayef ‎Saudi Arabia well-positioned to link mineral producers, consumers: Al-Khorayef

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Minister of Industry and Mineral Resources Bandar speaking during the ministerial session held as part of the OECD Critical Minerals Forum in Istanbul

Minister of Industry and Mineral Resources Bandar Al-Khorayef said that the Kingdom’s geographic location and its economic weight qualify it to play a pivotal role as a bridge connecting regions that produce minerals with those that consume them.

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During the G7-OECD ministerial session held as part of the OECD Critical Minerals Forum in Istanbul, the minister explained that the Kingdom is working to solidify this role by building high-quality partnerships and activating multilateral dialogue platforms, in a way that bolsters international cooperation and supports the development of global mineral supply chains amid rising demand for energy- and technology-related minerals.

He also pointed to the importance of cooperation between the forum and international financial institutions, including the World Bank, in supporting the development of mining infrastructure and enhancing investment opportunities in mineral value chains, thus enabling countries to develop their resources and maximize their economic benefits.

 

Minister of Industry and Mineral Resources Bandar speaking during the ministerial session held as part of the OECD Critical Minerals Forum in Istanbul

Minister of Industry and Mineral Resources Bandar Al-Khorayef said that the Kingdom’s geographic location and its economic weight qualify it to play a pivotal role as a bridge connecting regions that produce minerals with those that consume them.

During the G7-OECD ministerial session held as part of the OECD Critical Minerals Forum in Istanbul, the minister explained that the Kingdom is working to solidify this role by building high-quality partnerships and activating multilateral dialogue platforms, in a way that bolsters international cooperation and supports the development of global mineral supply chains amid rising demand for energy- and technology-related minerals.

He also pointed to the importance of cooperation between the forum and international financial institutions, including the World Bank, in supporting the development of mining infrastructure and enhancing investment opportunities in mineral value chains, thus enabling countries to develop their resources and maximize their economic benefits.

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