Saudi geologists are collaborating with international colleagues from such countries as the UK, South Africa, Finland, and China to unlock the Kingdom’s mineral reserves, estimated to be worth $1.3 trillion.
A series of surveys of an area of about 600,000 square kilometers across the Arabian Shield will be conducted by the country's Regional Geological Survey Program (RGP) over the next six years to provide new opportunities for international mining investors.
The plan has a budget of $533 million.
Saudi Arabia has the advantage of having a unique geological landscape with limited vegetation cover.
The survey represents a key component of the mining strategy that forms part of Saudi Vision 2030. It will be conducted in collaboration with technical experts and contractual partners from different.
Some 500 technical staff are working on the program alongside international partners.
The project also aims to help progress junior geological scientists through in-depth training.


Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%
Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal
Proposed Rio Tinto–Glencore Merger Faces China Regulatory Hurdles and Asset Sale Pressure
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales
Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure
Baidu Shares Rise in Hong Kong After Apollo Go Robotaxi Launch in Abu Dhabi
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford
Syrah Resources and Tesla Extend Deadline on Graphite Supply Dispute to March 



