s audi Arabia is a powerful ally for the United States. I Its proximity to Africa will enable it to play an increasingly important role in terms of M&A in the mining sector – particularly as the sector has been identified as a critical element of Saudi Arabia’s Vision 2030, a government-led programme aimed at […]
Saudi Arabia’s Manara Minerals fund plans metals trading arm
RIYADH, Jan 11 (Reuters) – Saudi Arabian investment fund Manara Minerals is planning to set up a metals trading arm to support its interests in mining companies overseas
Saudi Arabia Has a Strategic Advantage in Sourcing Critical Minerals from Africa
Commentary by Gracelin Baskaran, Published December 5, 2023 In September the United States and Saudi Arabia advanced discussions to form a partnership to boost critical minerals supply from African countries. Saudi Arabia announced that it would purchase $15 billion in global mining stakes to secure minerals from countries such as Namibia, Guinea, and the Democratic Republic of Congo, […]