Saudi Arabia, represented by its Ministry of Industry and Mineral Resources, has signed three international memoranda of understanding (MoUs) on mineral resources cooperation with the Republic of Chile, Canada, and the Federative Republic of Brazil.
The MoUs were signed on the sidelines of the Ministerial Roundtable of ministers responsible for mining affairs, held as part of the fifth annual Future Minerals Forum (FMF), which was hosted in Riyadh from January 13 to 15 and brought together senior policymakers, industry leaders and global stakeholders.
The agreements reflect the Kingdom’s ongoing efforts to expand its international partnerships and strengthen technical, regulatory and investment cooperation in the mining and minerals sector, in a manner that serves mutual interests, enhances knowledge exchange, and supports the sustainable and responsible development of resources.
The signing ceremony included MoUs on cooperation in the mineral resources field with the Chilean Ministry of Mining, the Canadian Department of Natural Resources, and the Brazilian Ministry of Mines and Energy, covering areas related to policy coordination, technical collaboration, investment promotion, and knowledge exchange.
The Ministerial Roundtable recorded the largest level of international representation of its kind globally, with participation from more than 100 countries, including all Group of Twenty (G20) members and the European Union, alongside 59 multilateral organizations, industry associations, and non-governmental organizations.
Image credits: SPA | Cropped by GBN
This level of participation reflects the standing the ministerial meeting has achieved as a leading international platform for aligning perspectives, strengthening partnerships, and developing practical, cooperative solutions to global challenges facing the mining and minerals sector, while promoting dialogue on sustainability, innovation, supply chain resilience, and responsible resource development.
