Saudi Arabia is advancing its mining industry through the National Minerals Program. The program emphasizes strategic minerals and aims to strengthen the Kingdom’s global position.
Approved by the Saudi Cabinet, the program seeks to standardize governance across all relevant agencies. It also bridges supply chain gaps and improves coordination in mining operations. By focusing on strategic minerals, the Kingdom ensures reliable access for domestic industries and future investments.
The Ministry of Industry and Mineral Resources manages the program. Officials aim to maintain long-term supplies of mineral resources and reduce risks from foreign mining investments. They also plan to improve efficiency in processing and strengthen local supply chains.
Rapid global changes have pushed the Kingdom to act. Events like the COVID-19 pandemic and geopolitical tensions highlighted vulnerabilities in mineral supply chains. Countries that secure critical minerals now have an advantage in clean energy, digital technology, as well as AI industries. Saudi Arabia seeks to stay ahead by prioritizing strategic minerals for sustainable growth.
The Kingdom also holds untapped mineral resources valued at approximately SAR9.3 trillion. Investments in mining are expected to increase competitiveness in local industries. In addition, renewable energy will supply 50% of electricity by 2030. This move will enhance mineral processing while reducing environmental impact.
Experts say the National Minerals Program strengthens Saudi Arabia’s economic resilience. It provides the foundations for advanced industries, reduces reliance on imports, and ensures future industrial security. By focusing on strategic minerals, the program aligns with the Kingdom’s Vision 2030 goals for economic diversification.
The program also encourages partnerships between research institutions and private companies. These collaborations aim to improve technology use, boost productivity, and attract foreign investment. They will position Saudi Arabia as a leading player in global mineral markets.
Through this initiative, the Kingdom is clearly signaling its intent to become a global hub for mineral resources. While managing strategic minerals effectively, Saudi Arabia is combining economic growth, sustainability, and technological development.
