Resource management

The Ministry of Industry and Mineral Resources closes the second edition of the Future Minerals Forum

Retrieved on: 
Friday, January 13, 2023

RIYADH, Saudi Arabia, Jan. 13, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources (MIM) has announced the closing of the second Future Minerals Forum (FMF), which was held under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud.

Key Points: 
  • RIYADH, Saudi Arabia, Jan. 13, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources (MIM) has announced the closing of the second Future Minerals Forum (FMF), which was held under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud.
  • HE Alkhorayef said that the success of the Forum was reflected in the ideas, suggestions and discussions presented by all participants from both home and abroad.
  • The Forum witnessed the signing of 60 agreements and Memoranda of Understanding in the field of mining and minerals industry between a number of government agencies, companies and institutions participating.
  • These agreements and Memoranda of Understanding covered mineral exploration, technology, communications, the application of sustainability standards, certification and the industrialization of the mining sector.

The Ministry of Industry and Mineral Resources closes the second edition of the Future Minerals Forum

Retrieved on: 
Friday, January 13, 2023

RIYADH, Saudi Arabia, Jan. 13, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources (MIM) has announced the closing of the second Future Minerals Forum (FMF), which was held under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud.

Key Points: 
  • RIYADH, Saudi Arabia, Jan. 13, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources (MIM) has announced the closing of the second Future Minerals Forum (FMF), which was held under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud.
  • HE Alkhorayef said that the success of the Forum was reflected in the ideas, suggestions and discussions presented by all participants from both home and abroad.
  • The Forum witnessed the signing of 60 agreements and Memoranda of Understanding in the field of mining and minerals industry between a number of government agencies, companies and institutions participating.
  • These agreements and Memoranda of Understanding covered mineral exploration, technology, communications, the application of sustainability standards, certification and the industrialization of the mining sector.

Saudi Arabia Is Creating a Global Model for Economic Resilience and Collaboration

Retrieved on: 
Wednesday, January 18, 2023

The rapid economic transformation of Saudi Arabia and its global role in bringing near-term stability while driving long-term transformation was the subject of a high-level panel on the third day of the World Economic Forum at Davos.

Key Points: 
  • The rapid economic transformation of Saudi Arabia and its global role in bringing near-term stability while driving long-term transformation was the subject of a high-level panel on the third day of the World Economic Forum at Davos.
  • Her Royal Highness Princess Reema bint Bandar Al Saud, Saudi Arabia’s Ambassador to the United States of America, underlined the importance of the Saudi-US relationship.
  • That’s not just good for the United States of America or good for Saudi Arabia, it creates a more stable world,” she said.
  • We believe the Kingdom can be a global force for integration and a partner of choice for bridging these divides,” he said.

Global Energy Security Depends on Geopolitical Stability – Saudi Foreign Minister Tells WEF23

Retrieved on: 
Wednesday, January 18, 2023

Geopolitical stability is “absolutely key” to global energy security, Saudi’s Foreign Minister told the World Economic Forum’s 2023 Annual Meeting in Davos on Tuesday.

Key Points: 
  • Geopolitical stability is “absolutely key” to global energy security, Saudi’s Foreign Minister told the World Economic Forum’s 2023 Annual Meeting in Davos on Tuesday.
  • View the full release here: https://www.businesswire.com/news/home/20230118005430/en/
    Geopolitical stability “key” to energy security - HH Prince Faisal bin Farhan Al Saud (Photo: AETOSWire)
    During a high-level panel titled ‘Keeping the Lights amid Geopolitical Fracture’, His Highness Prince Faisal bin Farhan Al Saud, Saudi Arabia’s Minister of Foreign Affairs, emphasized the need for near-term stability, especially in the world’s energy markets.
  • “The Kingdom is investing almost $200 billion in renewable energy at home and abroad.
  • Our companies are active in 21 countries, deploying solar and wind energy and other sorts of renewable energy,” he said.

Saudi, WEF Launch Innovation Accelerator, Explore Collaborations in Global Metaverse Village

Retrieved on: 
Tuesday, January 17, 2023

A high-level delegation from Saudi Arabia participated in a multilateral meeting with the World Economic Forum’s (WEF) leadership at WEF’s 2023 Annual Meeting.

Key Points: 
  • A high-level delegation from Saudi Arabia participated in a multilateral meeting with the World Economic Forum’s (WEF) leadership at WEF’s 2023 Annual Meeting.
  • During the meeting, the delegates highlighted the Kingdom’s role as a Pioneering Partner in the Forum’s Global Collaboration Village, which will leverage the metaverse to serve the global community.
  • Saudi Arabia intends to build a house in the village opening a door to opportunities, investment, and collaboration between various national stakeholders and international entities.
  • It was highlighted in the meeting that Saudi ARAMCO, as one of Saudi’s leading private sector entities, is the first company to build a house in the Global Collaboration Village.

NMG Issues Positive Results of its Preliminary Economic Assessment for the Uatnan Mining Project – One of the World’s Largest Graphite Projects in Development with Indicative NPV in Excess of C$2 Billion

Retrieved on: 
Tuesday, January 10, 2023

Arne H Frandsen, Chair of NMG, declared: “NMG’s vision is to become North America’s most important producer of battery grade graphite.

Key Points: 
  • Arne H Frandsen, Chair of NMG, declared: “NMG’s vision is to become North America’s most important producer of battery grade graphite.
  • The PEA confirms the tremendous potential of the Uatnan Mining Project as a lever of decarbonization for cleantech markets and socioeconomic growth for local communities.
  • Existing baseline studies will be updated based on the study area to identify any environmental issues, evaluate potential impacts and develop alternatives for the Uatnan Mining Project.
  • Hence, market perspectives and NMG’s active commercial discussions indicate favorable conditions for commercializing the Uatnan Mining Project production.

The Future Minerals Forum (FMF) sees 25 Memoranda of Understanding, Joint Ventures and agreements exchanged on its Opening Day

Retrieved on: 
Thursday, January 12, 2023

The signing ceremony was attended by the Minister of Energy, His Royal Highness Prince Abdulaziz bin Salman; the Minister of Investment, His Excellency Engineer Khaled Al-Falih; the Minister of Industry and Mineral Resources; His Excellency Bandar Al-Khorayef, and the Deputy Minister of Industry and Mineral Resources for Mining Affairs, His Excellency Engineer Khaled Al-Mudaifer.

Key Points: 
  • The signing ceremony was attended by the Minister of Energy, His Royal Highness Prince Abdulaziz bin Salman; the Minister of Investment, His Excellency Engineer Khaled Al-Falih; the Minister of Industry and Mineral Resources; His Excellency Bandar Al-Khorayef, and the Deputy Minister of Industry and Mineral Resources for Mining Affairs, His Excellency Engineer Khaled Al-Mudaifer.
  • These agreements and Memoranda of Understanding covered mineral exploration, technology and communications, the application of sustainability standards, localization and rehabilitation, and industrialization in the minerals sector.
  • The signing ceremony also witnessed the handing over of the two exploration licenses for the Khnaiguiyahand Umm Ad Damar sites to the companies that won their licenses.
  • FMF continues to concentrate on how to bridge the gap between demand and supply.

The Future Minerals Forum (FMF) sees 25 Memoranda of Understanding, Joint Ventures and agreements exchanged on its Opening Day

Retrieved on: 
Thursday, January 12, 2023

These agreements and Memoranda of Understanding covered mineral exploration, technology and communications, the application of sustainability standards, localization and rehabilitation, and industrialization in the minerals sector.

Key Points: 
  • These agreements and Memoranda of Understanding covered mineral exploration, technology and communications, the application of sustainability standards, localization and rehabilitation, and industrialization in the minerals sector.
  • The signing ceremony also witnessed the handing over of the two exploration licenses for the Khnaiguiyahand Umm Ad Damar sites to the companies that won their licenses.
  • FMF continues to concentrate on how to bridge the gap between demand and supply.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/the-future-minerals-forum-fmf-s...

FUTURE MINERALS FORUM OPEN WITH MORE DELEGATES FROM MORE COUNTRIES HEARING FROM MORE MINING INDUSTRY LEADERS

Retrieved on: 
Wednesday, January 11, 2023

RIYADH, Saudi Arabia, Jan. 11, 2023 /PRNewswire/ -- The second Future Minerals Forum (FMF) opens today, with 12,000 delegates from 130 countries confirmed.

Key Points: 
  • RIYADH, Saudi Arabia, Jan. 11, 2023 /PRNewswire/ -- The second Future Minerals Forum (FMF) opens today, with 12,000 delegates from 130 countries confirmed.
  • They will hear from more than 200 mining experts from around the world.
  • All of these figures are significantly larger than those for the inaugural FMF, held in January 2022.
  • AlKhorayef said: "For the next two days, Riyadh will be the center of the global mining industry.

FUTURE MINERALS FORUM OPEN WITH MORE DELEGATES FROM MORE COUNTRIES HEARING FROM MORE MINING INDUSTRY LEADERS

Retrieved on: 
Wednesday, January 11, 2023

RIYADH, Saudi Arabia, Jan. 11, 2023 /PRNewswire/ -- The second Future Minerals Forum (FMF) opens today, with 12,000 delegates from 130 countries confirmed.

Key Points: 
  • RIYADH, Saudi Arabia, Jan. 11, 2023 /PRNewswire/ -- The second Future Minerals Forum (FMF) opens today, with 12,000 delegates from 130 countries confirmed.
  • They will hear from more than 200 mining experts from around the world.
  • All of these figures are significantly larger than those for the inaugural FMF, held in January 2022.
  • AlKhorayef said: "For the next two days, Riyadh will be the center of the global mining industry.