Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, met with the UK’s Secretary of State for Business and Trade, Jonathan Reynolds. They explored ways to enhance industrial and mining cooperation and discussed investment opportunities for British firms.
The meeting focused on strengthening the economic relationship between Saudi Arabia and the UK, particularly in the industrial and mining sectors. They emphasized the potential for British investors to leverage Saudi Arabia’s natural resources, advanced infrastructure, and diverse energy mix.
A significant portion of the discussion was dedicated to critical minerals. Given their importance for energy transition and industries like aviation, electric vehicles, and medical technology, both parties considered future collaboration in this area.