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Sunday, Jun 22, 2025

Ministers Sign Letter of Intent to Enhance Critical Minerals Cooperation

Ministers Sign Letter of Intent to Enhance Critical Minerals Cooperation

The Saudi Arabian Minister of Industry and Mineral Resources, Bandar Alkhorayef, signed a letter of intent with the UK Secretary of State for Business and Trade, Kemi Badenoch, to enhance cooperation in the field of critical minerals.
The two countries aim to develop supply chains for essential minerals needed for the transition to zero-carbon neutrality.

The partnership will also involve private sector collaboration, knowledge exchange, and potential investment opportunities.

The agreement is intended to boost bilateral relations between Saudi Arabia and the UK in the industrial and mining sectors and contribute to global efforts towards sustainable energy.
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