Beijing, September (پاکستان پوائنٹ نیوز 25 سبتمبر 2025ء) In his keynote address, Alkhorayef emphasized that the strong economic ties between Saudi Arabia and China provide a solid foundation for deepening cooperation in the mining sector. He noted that the strategic partnership between the two nations creates an ideal framework for joint investments across the entire mining value chain, from exploration and extraction to processing and value addition.
The minister reinforced Saudi Arabia's commitment to establishing the mining sector as a cornerstone of the Kingdom's diversified economy under Vision 2030. He detailed how Saudi Arabia's comprehensive strategy for mining and metals industries offers unprecedented potential for global mining firms, emphasizing a drastically improved investment climate with exceptional incentives driven by recent regulatory reforms.
He specifically acknowledged the current investments of Chinese companies in exploration and geological survey programs within the Arabian Shield, a region spanning roughly one-third of the Kingdom. These joint efforts have been critical in expanding Saudi Arabia's estimated mineral wealth from $1.3 trillion to $2.5 trillion, demonstrating considerable untapped potential for future development.
Moreover, Alkhorayef outlined Saudi Arabia's compelling investment advantages, highlighting its strategic location linking three continents, advanced infrastructure, competitive energy prices, and streamlined regulatory procedures. He further detailed the comprehensive incentives and robust support ecosystem designed to ensure a seamless journey for mining investors, from initial engagement to full operational implementation.
The session featured detailed presentations covering Saudi Arabia's comprehensive mining strategy, high-potential exploration areas, investor incentives, and the latest sustainable practices. A key focus was placed on integrating innovation and smart solutions into mining operations to ensure both environmental responsibility and long-term economic viability.
Alkhorayef formally invited all participants to the fifth Future Minerals Forum, scheduled for January 13-15, 2026, in Riyadh.
This strategic mining session in Beijing forms a significant component of Alkhorayef's official visit to China, which aims to expand strategic cooperation between the two countries in the industrial and mining sectors while attracting quality investments that support Saudi Arabia's economic diversification objectives.
