Mohammed AlQahtani’s Post

Been Meaning to post on Day 2 of the Future Minerals Forum - Part I! This was by far I would say the better day of #FMF for quite a few reasons, the main one being that I got to do a lot more #networking on this day than the 1st day but more on that in my Part II. I attended 2 more important OIC country sessions namely #Uganda and #SaudiArabia, which I think was also one of the key reasons why Day 2 was better - my God the level of incentives they are providing mining companies is unheard of in the history of mining! Not to get ahead of myself but first Uganda. 🇺🇬 Uganda - the session was led by a team of the Ugandan delegation consisting of including the Commissioner of Mines Department Hon. Peter Lokeris and Assistant Commissioner Vincent Kedi who did an excellent presentation about revamping Uganda's mineral sector. We spoke in the Q&A about the importance of developing the mining talent and he welcomed the support to help assist in developing a program for semi-skills around vocational mining to upgrade the human resources in collaboration with the Ministry of Education. Afterwards I had a detailed discussion with the delegation who invited me to the the 13th Mineral Wealth Conference happening in October this year, looking forward to that and seeing how OIC can assist in this regards. 🇸🇦 - The Saudi Arabian session was a the crown jewel of all OIC country presentations. FMF 2023 had declared KSA to have +1.3~ trillion dollars natural endownment in minerals along the "Arabian Shield" - this year at FMF 2024 they have had so much progress in discovery that now that estimation is +2.5~ trillion dollars! I can imagine that with only about 1/3 discovered the other 2/3 of this Arabian Shield will have much more to offer once explored. The level of investment incentives given by Saudi Arabia in mining were unheard of before - truly. I will just share the video clip of the amazing presentation done by Ahmed Alaqeel that explains it all! This was another great thing to witness - young Saudis stepping up and taking leadership and owning the journey of their nation! 20 years ago you would not see this - it was foreign experts mainly, but now a lot of young Saudi talent was on display and I was sincerely happy for the Kingdom because they will be the inheritors of this nation and are an educated development-oriented class. Truly this is the real #Vision2030 coming to life.

Excellent start to day 2 of the Future Minerals Forum in Riyadh #SaudiArabia discussing centres of excellence and investing in capacity building. Panel led by the excellent Sheila Khama with insights from Princess Mashael AlShalan Saleh M Saleh Kimmo Tiilikainen John Bradford Juan Carlos Jobet Roby Stancel Centres of excellence was a key theme in the #FMF24 Ministerial RoundTable which Sheila and I co-moderated. The panel discussion further highlighted the important role of centres of excellence in driving change, promoting economic growth, developing underpinning science and technology, promoting community engagement, attracting talent and the wider context of change and geopolitics. #mining #criticalminerals #science #innovation

How international governments are partnering with African governments and the mining industry in pursuit of critical minerals and metals. ~ With Vision 2030 in view, KSA is looking to increase its investments in projects focused on critical minerals across Africa. ~ Government's agility is required to partner with host communities. ~ Resource nationalism is an interesting opportunity for African markets, so mineral processing capacities should be built to enable African countries trade their commodities in global markets. ~ Domestic beneficiation in African markets should be supported in order to build sustainable mining ecosystems. ~ African countries need to come onboard the Development Finance Corporation, an initiative by the U.S government to finance complex challenges in developing markets. Peter Leon, Partner & Africa Chair, Herbert Smith Freehills Bernd Schäfer, CEO & MD, EIT RawMaterials Deshnee Naidoo, former CEO Vale Base Metals Gracelin Baskaran, PhD, Director, Project on Critical Minerals Security, Center for Strategic and International Studies (CSIS) Abdulrahman AlBelushi, Asst Deputy Minister, Mineral Resources, Ministry of Industry & Mineral Resources, Saudi Arabia #wimuk #londonindaba

Last night was an evening of exciting discussions & insightful revelations as Michael Long, Dean of Applied Research & Innovation, and Gary Thompson, Director of Industry Innovation at CNA, had the pleasure of meeting with Jean Phillips Linteau, the Canadian Ambassador to Saudi Arabia, at a reception hosted for Future Minerals Forum 2024 in Riyadh, Saudi Arabia.   With the evolving global market, it was intriguing to discuss the latest trends in mineral resources management and the future of mining technologies. Ambassador Linteau shared valuable perspectives on the role of Canadian minerals in a world increasingly focused on sustainable practices. The emphasis on innovation, compliance, and sustainability echoed our sentiment at CNA.   These conversations echoed the importance of cross-border relations, not just at a diplomatic level, but also as a means of fostering growth and innovation in the mining industry. It is clear that international collaboration is key in navigating the future of mineral resources.   This meeting reinforced that change and progress are best embraced through open dialogue, industry insight, and mutual cooperation.   We invite you to share your thoughts on how international relations influence the mining industry, and how we can work together to meet global sustainability goals. Let's continue the conversation here. #FutureMineralsForum2024 #MiningIndustry #Sustainability #Innovation #CNA #GlobalRelations #MiningInnovation

Saudi Arabia is redefining its potential in the world of untapped mineral resources, revising estimates upwards to a staggering $2.5 trillion. This significant adjustment, up from the 2016 forecast of $1.3 trillion, underscores the Kingdom's commitment to diversifying its economy beyond oil dependency. Mining plays a pivotal role in Riyadh's strategic vision for economic transformation, emphasizing the exploration of extensive reserves of phosphate, gold, copper, and bauxite. The remarkable $1.2 trillion increase in estimates is attributed to the wealth hidden in phosphates, rare earths, and a revaluation of commodity pricing. This substantial valuation not only underscores Saudi Arabia's mineral-rich potential but also aligns with broader global trends as nations seek to fortify their economies through diversified resources. Riyadh's focus on these untapped treasures positions the Kingdom for sustained economic growth and resilience, marking a significant step towards building an economy less reliant on traditional oil revenues. https://lnkd.in/d8uFUBmF #SaudiArabia #MineralResources #EconomicDiversification #MiningEconomy

We are thrilled to highlight the impactful participation of our Vice President 𝗠𝗿𝘀. 𝗦𝗮𝗹𝗺𝗮 𝗠𝗶𝗻𝘁 𝗗𝗲𝘆, at the third edition of the Future Minerals Forum held in Riyadh, Saudi Arabia. This gathering attracted representatives from 𝟭𝟰𝟱 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 and over 𝟮𝟱𝟬 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀, solidifying its position as a crucial platform for profound discussions on the future trajectory of the mining industry and the significant challenges faced by global investors. Throughout the forum, Mrs. Salma engaged in productive discussions with various Saudi and international companies actively operating in the mining field. During these networking opportunities, she eloquently showcased the substantial investment potential that Mauritania holds, emphasizing the expansive prospects for collaboration within the minerals domain. The representatives of these esteemed companies expressed their keen interest and readiness to explore investment avenues in Mauritania. As we navigate this promising path forward, we eagerly anticipate cultivating mutually beneficial partnerships that will contribute significantly to the growth and development of the mining sector in our country. #FutureMineralsForum #MiningIndustry #InvestmentOpportunities

Saudi Arabia and the #Netherlands Forge Industrial Bonds to Drive #Economic Growth. In a bid to bolster economic ties, Saudi Arabia is strengthening its industrial #collaboration with the Netherlands, focusing on the #industrial and #mining sectors. Read more: https://lnkd.in/dVVz5-Bp #SaudiNetherlands #IndustrialCooperation #MedicalDevices #EconomicPartnership #Philips #ArabNews #ArabTimes #ArabTimesNews

Saudi Minister's Engagement with Dutch Counterparts to Boost Industrial Collaboration In a significant move to strengthen industrial and mining cooperation, #BandarIbrahimAlkhorayef, Saudi Minister of Industry and Mineral Resources, has embarked on a visit to the #Netherlands. This visit underscores the Kingdom's commitment to fostering international partnerships and exploring new investment opportunities with Dutch counterparts. For more insights into this diplomatic mission and its implications for bilateral ties, read the full story on Saudi Business News. Link in bio! #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #Industry #Mining #InternationalRelations #Investment #Cooperation #Trade

Investments in #Saudi mining sector created economic, social impact. This will create more jobs for Saudis, improve quality of life and increase Saudi GDP per capita. More investor and talent friendly policies will attract more investment like Singapore and Dubai. The new policies need to incorporate future technology, innovation, creativity, sustainability, global integration and collaboration. The positive impact of #MBS Saudi Vision 2030 will offer progress, productivity, prosperity and peace in the region. Ministry of Investment Ministry of Tourism of Saudi Arabia Ministry of Commerce - Saudi Arabia Ministry of Transport and Logistic Services