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KSA Discovers 110m Tonnes of Uranium Deposits
Prince Abdulaziz bin Salman said the ore includes heavy rare earth elements and promising uranium concentrations as Saudi Arabia seeks to expand its mining sector.
- On Monday, Saudi Energy Minister Prince Abdulaziz bin Salman announced the discovery of 110 million tonnes of raw materials containing rare earth minerals and uranium at the Jabal Sayid project in Medina.
- Following a July US-Saudi agreement establishing a 'decades-long, multibillion-dollar partnership,' the discovery advances Saudi Arabia's Vision 2030 strategy to diversify energy resources and develop civilian nuclear power.
- Exploration at the existing Jabal Sayid copper mine, operated by Maaden and Barrick Mining, revealed high concentrations of heavy rare earth elements alongside promising uranium levels.
- Addressing the International Atomic Energy Agency General Conference, Prince Abdulaziz stressed the Kingdom's commitment to transparency, contrasting its approach with secret nuclear programs like Iran's.
- As the United States and China compete for control of critical mineral supply chains, this discovery positions Saudi Arabia to become a major mining hub.
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17 Articles
17 Articles
Saudi Arabia has announced the discovery of estimated resources of 114 million tons of raw materials containing high concentrations of rare terrestrial metals.
·Syrian Arab Republic (the)
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Coverage Details
Total News Sources17
Leaning Left2Leaning Right4Center2Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 25%
C 25%
R 50%
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