Chile says Saudi Arabia mining minister to visit

Saudi Arabia's Minister of Industry and Mineral Resources Bandar Alkhorayef attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 17, 2024. REUTERS/Denis Balibouse/File Photo

SANTIAGO: Chile’s government says that Saudi Arabia’s mining minister will travel to the Latin American country in July and plans to meet with his counterpart in Santiago.

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef said in March the kingdom was interested in sourcing lithium abroad, as it aims to enter the electric vehicle sector.

“He will indeed be in Chile (in July) and has asked for a meeting with the minister. But the date is not yet set,” the ministry said in an email.

A government source had told Reuters about the visit last Thursday, saying the two officials would discuss potential investments in lithium. Chile is the world’s second-largest producer of lithium. — Reuters

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Chile , Saudi Arabia , mining


Next In Business News

Oil settles down on weaker US consumer sentiment
China’s exports top forecasts but falling imports point to more stimulus
Lessons from Malaysia’s Silver State
UK emerges as haven from global storms
Empowering SMEs in their digital transformation
Holistic approach to developing data centres
Sunview gains momentum on booming solar sector
Carbon tax conundrum
Robust plans needed to spur high-skilled jobs
Synergy House brings innovation to the table

Others Also Read