With $1.3trln of minerals KSA ‘can be the change’ world needs

With $1.3trln of minerals KSA ‘can be the change’ world needs

Sitting on untapped mineral reserves of $1.3 trillion, Saudi Arabia can be the change that the world needs, says minerals and metals expert Peter Bryant, chair of both the Development Partner Institute and Clareo.

“It has a unique opportunity to set the agenda and lead by example, in embracing new mining techniques and extending a caring image, as the industry re-connects with communities and stakeholders, and convincing them of the fundamental benefits that minerals and mining bring,” Bryant says ahead of the second Future Minerals Forum (FMF) in Riyadh from January 10 to 12, 2023.

Bryant argues that mining must be more of a “giver” than a “taker”. It must boldy take bigger steps to show communities, governments and stakeholders how the industry benefits societies. It must develop trust with local communities, and engage specifically with them, rather than adopting a “one size fits all” approach. There’s no time to lose.

“The clock is ticking and climate change needs to be stopped in its tracks,” he says.

Academic reports

Meanwhile, the Forum is publishing academic reports for the first time, which will provide insights into future of mining and how leading think tanks say the industry must reform.

Bryant’s is one of the messages championed in