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Asharq Al-Awsat

Business

Riyadh - Fatehalrahman Youssef

Saudi Focus on Minerals Needed in Power Transition, EVs

Mining Saudi Arabia Kingdom Kingdom of Saudi Arabia lithium nickel

Saudi Arabia pushes to intensify mining investments amid focus on minerals with future demand (Asharq Al-Awsat)

Saudi Vice-Minister for Mining Affairs Khalid Al-Mudaifer has predicted a fourfold increase in the demand for minerals used in clean energy technologies and electric vehicles by 2040.

Al-Mudaifer stressed that the Kingdom of Saudi Arabia is focused on benefiting from the knowledge and experience of developed mining regions.

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