https://arab.news/zhadn
RIYADH: 萝莉视频鈥檚 Vision 2030 is reforming and enhancing the Kingdom鈥檚 mining ecosystem in an unprecedented manner, according to Khalid Saleh Al-Mudaifer, vice minister of industry and mineral resources.
Al-Mudaifer made this remark during his speech at the FT Commodities Global Summit on March 23, in Lausanne, Switzerland.
Talking about the necessity of decarbonization, the vice minister said: 鈥淲hat we need to work on in the mining sector is the perception of mining.鈥�
He stressed the need to clarify the concept of decarbonization. 鈥淧eople need to remember there are no minerals without mining,鈥� he added.
During his speech, the vice minister also noted that there could be a 40-fold increase in the demand for critical minerals in the future.
鈥淪ome argue a new commodity supercycle has begun as prices rise based on increasing demand, declining productivity and growing ESG issues. There are estimates that point to a 40-fold increase in demand for critical minerals,鈥� said Al-Mudaifer.
Reiterating his words at the 2022 Future Mineral Forum, Al-Mudaifer said, 鈥淒uring the #FMF2022 hosted in Riyadh, we began an intergovernmental dialogue to define this new mining region, explore investment opportunities and reimagine the role of mining in the global economy.鈥�