Read the July 2022 MEED Business Review – MEED
- Date: 28-Jun-2022
- Source: MEED
- Sector:Financial Services
- Country:Saudi Arabia
Read the July 2022 MEED Business Review – MEED
Region turns to untapped mineral wealth; Levant risk rises as economic and political stability wavers; Property price growth fuels project activity in Gulf real estate sector
Demand is escalating for the materials needed to deliver the transition from fossil fuels – lithium, nickel, cobalt and magnesium for batteries, and rare earths for renewable energy, nuclear and electric vehicles.
We are getting close to depleting the resources in more established mining regions such as Australia and Canada, and need to explore new deposits.