STATEMENT: Saudi Arabian FMF promotes new super-mining region in Australia's IMARC

-Saudi Arabia's Future Minerals Forum promotes new super-mining region at Australia's International Mining and Resources Conference.

STATEMENT: Saudi Arabian FMF promotes new super-mining region in Australia's IMARC

-Saudi Arabia's Future Minerals Forum promotes new super-mining region at Australia's International Mining and Resources Conference

RIYADH, Saudi Arabia, Nov. 6, 2022 /PRNewswire/ -- After a very successful first edition, Saudi Arabia's Future Minerals Forum (FMF) participated in the International Mining and Resources Conference (IMARC) in Sydney, Australia. , which was held from November 2 to 4. The FMF showcased its vision for shaping the future of the sector at the industry's premier event, promoting investment opportunities and strategic partnerships across the emerging super-mining region spanning from Africa to Central and West Asia to global investors.

"To reach the zero emissions goals of the Paris Agreement in 2050, it is estimated that more than three billion tons of minerals and metals, and up to 1.7 trillion dollars of global mining investment, will be needed. From the west of the super mining region, in Senegal, as far east as Kazakhstan, the emerging 9,000 km super mining region has the geological potential to provide the world with the critical minerals it needs," said H.E. Ing. Khalid Al-Mudaifer, Deputy Minister of Mining Affairs of Saudi Arabia.

"The region needs investment and expertise to harness these vast and under-explored geological reserves in support of a sustainable future. The Australian International Mining and Resources Conference, the largest and most influential industry event in the region, is the ideal platform for that FMF share with investors the region's significant potential to provide the world with a resilient minerals supply chain," added Al-Mudaifer.

Visitors to FMF's stand at IMARC will learn about the significant mining investment opportunities in Africa and West and Central Asia. This includes exploration for platinum, phosphate, bauxite, manganese, cobalt and gold, and the estimated $1.3 trillion worth of reserves held in the Arab Shield.

The second edition of the FMF will be held in Riyadh, Saudi Arabia, between January 10 and 12, 2023. The FMF is expected to have more than 13,000 participants, including ministers, mining industry leaders and CEOs of companies. global mining companies, and that more than 130 countries are represented.

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