The Ministry of Investment affirmed that the Kingdom and Canada possess strategic capabilities that qualify them to build an integrated value chain in the critical minerals sector, given the Kingdom’s vast mineral wealth and Canada's advanced expertise in mining.

The ministry explained that the value of mineral resources in the Kingdom is estimated at about $2.5 trillion, comprising more than 50 minerals spread over an area exceeding 2.1 million square kilometers, noting that exploration opportunities and transformative value chains are witnessing rapid growth, which enhances investment partnership opportunities with Canada and supports the goals of developing the mining sector within the Kingdom’s Vision 2030.

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