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  • Mining industry in Saudi Arabia statistics & facts

    · The mining sector of Saudi Arabia created about 250 thousand jobs Metal sector employment accounted for roughly 508 percent of the mineral value chains to the Saudi Arabian economy, followed by

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    · The Saudi Arabian Mining Company (Ma’aden) is the lead developer for mining projects across the Kingdom, it said According to the report, the Kingdom is endowed with significant mineral deposits that are widespread across many types, ranging from gold to lightweight aggregate “In terms of precious metals, Saudi Arabia produced approximately 10,850 kilograms of gold and 5,322 kilograms

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    Saudi Arabia's mining sector continues to expand and provides a growing opportunity for US companies The government plans to make mining the third pillar of the economy, alongside oil and downstream petrochemical production In March 2018, former Saudi Energy Minister Khalid AlFalih announced that the Kingdom has $13 trillion worth of mining resources and aims to quadruple the

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    In order to meet the needs of the local market and export demand, Saudi Arabia cement industry has a rapid developmentThe development of cement industry promoted the ore mining process and the emergence of a large number of quarry plantsIn the next few years, Saudi Arabia will adopt the most advanced technology to increase the added value of mineral products, vigorously develop the mining

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    Saudi Arabia’s metals and mining sector is preparing for rapid expansion in accordance with Vison 2030 objectives As the nation embarks on its journey to diversify from oil and gas, the role of the metals and mining sector is to gain increasing importance Large market demand for metals and mineral products already exists, particularly from regional players but also within KSA itself The

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    Total Saudi investments in the mining sector reached around US$50 billion, with 1,700 exploration licences so far awarded, covering an area of 73,000 square kilometres, (according to the Minister for Petroleum and Mineral Resources) More than US$25 billion is being invested in plants to process industrial ores and in new mining ventures As a result, the mining sector is poised for

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    Saudi Arabia's mining sector continues to expand and provides a growing opportunity for US companies The government plans to make mining the third pillar of the economy, alongside oil and downstream petrochemical production In March 2018, former Saudi Energy Minister Khalid AlFalih announced that the Kingdom has $13 trillion worth of mining resources and aims to quadruple the

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