Saudi Arabia’s Ministry of Industry and Mineral Resources (MIM) has decided to organize the Future Minerals Summit next year, the first-ever event to offer a “one-stop-shop” for investors, miners and other industry stakeholders to learn more about the mining potential of the Middle East, Central Asia, and North and East Africa.
The summit, which will be held under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, is scheduled to take place from January 11 to 13, 2022, in Riyadh. The event will witness the presence of the world’s key mining industry leaders, investors and influencers, and thought-provoking speakers.
“We are putting mining and investment at the heart of the new Saudi economy. With an estimated $1.3 trillion mineral endowment, we are looking for investors and partners to work with us to continue to transform the Saudi mining industry in the years ahead. What sets the Future Minerals Summit apart and makes it compelling is the three dynamic regions that co-own the event and are open for business.”
The Summit will provide a platform for governments from across the Middle East, Central Asia, and North and East Africa to come together to discuss investment opportunities and strategic partnerships with global investors with an interest in mining.
Apart from the MIM, Future Minerals Summit has been endorsed by the Ministry of Foreign Affairs, Ministry of Investment, and Public Investment Fund (PIF).
“Our ambition is to shape the future of mining by bringing together governments, the private sector, multilateral organizations and NGOs to find solutions and sustainable investment streams to support a dynamic, integrated mining sector in this part of the world and beyond,” Mr. Al-Khorayef added.
The authority has designed the summit with four key objectives which aim to highlight the opportunities in the sector across the region, attract partnership opportunities in the integrated value chains, showcase innovations that will support mining in the future and to discuss the vital role in producing the inputs needed to create a circular carbon future.