Industries-Minerals & Metals

Overview

In recent years, Saudi Arabia has experienced significant growth in the production of primary, midstream, and downstream metals and mineral products. These products cater to both local consumption and international export markets..

Building upon this success, Saudi Arabia has set its sights on increasing the mining sector’s contribution to the economy, aligning with the Kingdom’s 2030 vision and the National Industrial Strategy (NIS) that was launched in 2022 By HRH Crown Prince. Saudi Arabia aims to position the mining industry as the third pillar of KSA Industry, alongside the established sectors of oil & gas and petrochemicals.

The National Industrial Development Center, in collaboration with its strategic partners, is spearheading efforts to develop a sustainable, globally competitive, and value-added primary, semi-finished, and finished metals and minerals industrial base. This initiative aligns with the Kingdom’s broader objectives of economic diversification and the development of advanced industries, including automotive, aerospace, shipbuilding, machinery & equipment, and others.

Currently, the Metals and Minerals Sector is concentrating its efforts on the development of key areas such as aluminum, steel, base and specialty metals, as well as industrial minerals like quartz, silica, ferroalloys, and other valuable resources.

Saudi Arabia aims to position the mining industry as the third pillar of KSA Industry, alongside the established sectors of oil & gas and petrochemicals

Market

2021

39.3 T

Impact by

2035

13.8 B GDP

22 k JOBS

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