
Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef said that the Kingdom has identified 50 sites that are believed to contain minerals in commercial quantities. Those would be offered to investors, he noted, revealing that Saudi Arabia’s mining capabilities exceeded USD1.3 trillion.
In an interview with the editorial board of Asharq Al-Awsat in London, Al-Khorayef stated that the mining system in Saudi Arabia focused on the principles of dealing with the environment, society and governance, and on linking the industry with mining.