The Future Minerals Forum 2025, held from January 14 to 16 in Riyadh, Saudi Arabia, has emerged as a pivotal event for the global mining and minerals industry. Gathering leaders from over 90 countries, this forum showcased Saudi Arabia’s ambitious plans to position itself as a global hub for critical minerals and sustainable mining practices. Here are the biggest announcements and developments that shaped this year’s event.
Saudi Arabia’s Strategic Investments in Global Mining
Saudi Arabia made waves at the forum with announcements of major investments in international mining ventures.
1. Copper Investments in Zambia
• Saudi Arabia’s Manara Minerals, in collaboration with the Zambian government, expressed interest in investing in Zambia’s copper assets. Copper, a critical component for renewable energy and electric vehicle technologies, aligns with Saudi Arabia’s vision to secure strategic resources while diversifying its economy.
2. $100 Million Stake in Pakistan’s Reko Diq Mine
• Manara Minerals also plans to invest in Pakistan’s Reko Diq copper-gold mine, one of the largest undeveloped deposits globally. This collaboration aims to enhance infrastructure and develop mutually beneficial partnerships with international players.
Aramco’s Bold Step into Lithium Production
Saudi Aramco, the national oil giant, announced plans to enter the lithium production market, partnering with the Saudi mining company Ma’aden. With the goal of launching commercial production by 2027, Aramco’s initiative is a response to the surging demand for lithium, a critical mineral for electric vehicle batteries and renewable energy storage systems. This move signifies a significant step toward Saudi Arabia’s ambitions to lead the energy transition.
UK-Saudi Critical Minerals Partnership
The forum saw a groundbreaking partnership between the United Kingdom and Saudi Arabia to secure critical mineral supply chains. The agreement focuses on essential resources like copper, nickel, and lithium, which are vital for high-tech manufacturing and green technologies. This collaboration highlights Saudi Arabia’s growing influence as a supplier of strategic minerals to global markets.
Uranium Enrichment Plans
One of the most striking announcements came from Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, who revealed plans to enrich and sell uranium. With abundant uranium reserves, Saudi Arabia aims to establish itself as a key player in the global nuclear energy supply chain. This development underscores the kingdom’s strategic focus on leveraging its mineral resources for energy diversification.
Global Engagement and Cooperation
A highlight of the forum was the Ministerial Roundtable, which included representatives from 90 countries, 16 G20 nations, and 50 international organizations. Discussions centered on creating resilient supply chains, fostering responsible mining practices, and strengthening international cooperation. This level of global engagement reaffirms Saudi Arabia’s commitment to becoming a leader in the mining sector.
Why This Matters
The announcements at the Future Minerals Forum reflect Saudi Arabia’s strategic push to diversify its economy and reduce reliance on oil. By investing heavily in critical minerals like copper, lithium, and uranium, the kingdom is positioning itself to meet the growing global demand for resources that are essential to clean energy and advanced technologies. Additionally, its partnerships with countries like Zambia, Pakistan, and the UK underscore its ambition to lead in global mining innovation and collaboration.
Looking Ahead
Saudi Arabia’s bold announcements at the Future Minerals Forum 2025 highlight the kingdom’s evolving role in the global mining sector. By focusing on critical minerals, sustainable practices, and international partnerships, Saudi Arabia is poised to become a powerhouse in the industry. The initiatives launched at this year’s forum not only benefit Saudi Arabia but also pave the way for a more connected and resource-secure global economy.
Stay tuned to Mining Central for the latest updates and insights from the global mining industry. As Saudi Arabia reshapes the mining landscape, we’ll continue to bring you expert analysis and coverage of key events.
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