Industry and Mineral Resources Ministry Holds Workshop on Marine Mining in Saudi Arabia

The Ministry of Industry and Mineral Resources held a workshop on the future of marine mining in the Kingdom of Saudi Arabia, discussing the development of a regulatory framework for the exploration and extraction of offshore mineral deposits in line with approved technical requirements and standards.

 The workshop reviewed several proposals and recommendations on the technical and legal mechanisms needed to support the governance and sustainability of the marine mining sector, reflecting the ministry's commitment to accelerating the exploration and development of the Kingdom's mineral resources from their diverse sources.

 Discussions focused on coordinating government efforts to develop a procedural framework for seabed mining, defining the complementary roles of entities whose activities are linked to marine areas, and reviewing international best practices in marine mining to enhance the attractiveness of the Kingdom's mining investment environment and maximize the value of its mineral resources.

 The workshop forms part of the ministry's ongoing efforts to develop the mining sector and strengthen its contribution to economic development, in line with Saudi Vision 2030, which aims to establish mining as the third pillar of the Kingdom's industrial sector, a key driver of economic diversification, and a foundation for positioning the Kingdom as a global mining and minerals hub.