Via the Carnegie Endowment, commentary on how China has aligned its cooperation model with Saudi Arabia’s own priorities, most notably since the kingdom unveiled its Vision 2030. Although China announced the Belt and Road Initiative in 2013, the big push in relations happened only after the ascendance of King Salman to the throne in 2015 […]
Read more »Via Semafor, a report on Saudi Arabia’s mining giant steps up search for copper: Saudi Arabia’s state mining giant is ramping up its domestic search for copper — a key ingredient for the energy transition — soon after announcing plans to explore the country for lithium, the company’s chief executive told Semafor. Ma’aden, officially known […]
Read more »Courtesy of The Financial Times, a report on Saudi Arabia’s plans to purchase up to 20% share in $9bn complex as it looks to accelerate its diversification away from oil: Saudi Arabia’s investment mining fund is set to buy a stake in Pakistan’s Reko Diq project, which will be one of the world’s largest copper […]
Read more »Via NoahOpinion, bullish commentary on the Middle East: If you looked at Europe in the mid-1600s, you would probably think something along the lines of “Wow, these guys are not going to make it.” Even though the region was already seeing economic growth from colonialism and the expansion of global trade, much of it had […]
Read more »Via CNBC, a report on Saudi Arabia vows to be ‘fast and furious’ in mining as it reveals $100 billion investment: Saudi Arabia last year increased the valuation of its unexploited mineral resources from $1.3 trillion to $2.5 trillion, boosted by the discovery of rare earth elements and metals. The kingdom on Wednesday announced a new mineral […]
Read more »Via Reuters, a report on Congo’s efforts to court Saudi mining investors to help curb China dominance in the sector: The Democratic Republic of Congo, the world’s top cobalt supplier, is courting new mining investors from Saudi Arabia to help it diversify and curb overreliance on companies from China, Marcellin Paluku, a senior government official, […]
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