Mineral resource potential and its development in Saudi Arabia

Abstract EN

Sustained mineral exploration efforts in Saudi Arabia have yielded about 3000 mineral showings for some 50 metallic and non metallic minerals and industrial rocks.

The Government of Saudi Arabia, as part of its overall economic strategy, continues to pursue further development of its mineral resources through institutional and fiscal support and other incentives.

This country with its relatively sound financial status and fairly stable socio-political setting, offers equitable opportunities to mineral investors, both from within and outside the country, to participate and share in the development of its mineral resources.

Saudi Arabia plans to exploit its mineral resources to meet mineral requirements of its fast growing economy and supply the surplus, if any, to the international market.

Increased mineral activity is expected in Saudi Arabia in the future.