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Middle East News

The Times of India

Middle East / The Times of India

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Saudi Arabia plans major mining bidding rounds to unlock $2.5 trillion in minerals

Saudi Arabia is set to launch major mining bidding rounds in 2026-2027 to develop $2.5 trillion in untapped minerals. With full surveys of the Arabian Shield completed and exploration investment rising to $280 million, the Kingdom aims to boost economic growth, attract global investment, and strengthen critical mineral supply chains, aligning with Saudi Vision 2030 and international mining standards.

15 Jan 2026 12:58 pm