Saudi Minister Invites Chinese Firms to Invest in Mining Sector

Minister of Industry and Mineral Resources Bandar Alkhorayef held a strategic meeting in Beijing with over 20 Chinese mining companies. The session focused on investment opportunities in Saudi Arabia's fast-growing mining sector.

Strengthening Saudi-China Economic Ties

Alkhorayef emphasized the strong economic partnership between Saudi Arabia and China as a foundation for deepening cooperation in mining. He highlighted the potential for joint investments across exploration, extraction, processing, and value addition.

Mining Sector as a Vision 2030 Priority

The minister stressed that Saudi Arabia aims to make the mining sector a cornerstone of its diversified economy under Vision 2030. He noted the Kingdom’s comprehensive strategy offers global mining firms unprecedented investment potential.

Chinese Investments in the Arabian Shield

Alkhorayef acknowledged Chinese companies’ contributions to exploration and geological surveys in the Arabian Shield, covering roughly one-third of Saudi Arabia. These efforts have expanded the estimated mineral wealth from $1.3 trillion to $2.5 trillion.

Advantages for Investors

Saudi Arabia offers significant investment advantages, including a strategic location connecting three continents, modern infrastructure, competitive energy costs, and streamlined regulatory processes. Investors also benefit from robust incentives and full support for operational implementation.

Innovation and Sustainable Practices

Presentations during the session highlighted the integration of innovation and smart solutions in mining operations. Environmental responsibility and long-term economic viability were key themes discussed with potential investors.

Invitation to Future Minerals Forum

Alkhorayef formally invited all participants to the fifth Future Minerals Forum, scheduled for January 13-15, 2026, in Riyadh. The forum aims to further promote global investment in Saudi Arabia’s mining sector.

Expanding Strategic Cooperation

The Beijing session is part of Alkhorayef's official visit to China, which seeks to enhance cooperation in industrial and mining sectors while attracting high-quality investments that support economic diversification objectives.