Tuesday, 02 January 2024 12:17 GMT

Saudi Arabia's Foray Into Critical Metals Bodes Well For Energy Transition


(MENAFN- Investor Brand Network) Following a slew of investments in mining facilities and companies, Saudi Arabia has
ventured into the critical metals market.
Investments in this market are crucial for advancing the development of world-class mining assets. The country's latest deal is valued at $2.6 billion and involves the biggest mining company in Brazil, a move that may cement its place in this billion-dollar market.

The deal is a joint venture between Ma'aden, the state mining company and the nation's sovereign wealth fund. It will see Saudi Arabia purchase a...

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