Hunt for Vital Minerals Attracts World Powers to Saudi Arabia

RIYADH, Saudi Arabia—The U.S., China and Russia are racing to safe important metals wanted to energy the vitality transition away from fossil fuels. Their newest battleground: oil-rich Saudi Arabia.

Authorities officers and prime mining executives descended on Riyadh this week to faucet in to the gusher of money the Saudis are pouring into mining investments. The dominion is positioning itself on the middle of a “tremendous area” extending from Central Asia to the Center East and Africa, which it says holds at the very least a 3rd of the world’s pure sources, together with important minerals.