
Geography: Emea · Middle East · Gulf States
Saudi Arabia sits on estimated $1.3 trillion in untapped mineral reserves including gold, copper, phosphate, and critical minerals like lithium and rare earth elements. The Ministry of Industry and Mineral Resources is applying advanced geological surveying (including satellite-based mineral mapping), autonomous mining equipment, and AI-driven mineral processing technologies to accelerate responsible extraction.
The Kingdom's mining sector, historically overshadowed by oil, is being positioned as a major diversification pillar. Saudi Arabia has reformed mining regulations, invested in geological surveys, and attracted international mining companies through the Saudi Mining Investment Fund. The application of technology — from drone-based surveying to AI-optimized ore processing — aims to build a modern mining industry from scratch.
The strategic significance extends to critical minerals: as global demand for lithium, cobalt, and rare earths surges (driven by EV batteries and clean energy technology), Saudi Arabia's mineral reserves could provide an alternative to Chinese supply chain dominance. Developing these resources with advanced technology positions Saudi Arabia in global supply chains that extend far beyond hydrocarbons.