Future Minerals Forum Opens in Riyadh

The Fourth Future Minerals Forum, held in Riyadh from January 14 to 16, 2025, brought together representatives from 90 countries, including 16 G20 nations, to discuss critical minerals essential for the energy transition. The event featured a Ministerial Roundtable where discussions focused on sustainable development strategies, the establishment of a strategic framework for critical minerals, and the creation of regional Centres of Excellence. Saudi Arabia's Minister of Industry and Mineral Resources, Bandar Ibrahim Alkhorayef, emphasized the forum's theme, 'The Year of Impact,' highlighting the need for collaboration to address market volatility and the significant investments required in the mining sector. Additionally, Qatar's participation underlined the importance of regional cooperation in mining initiatives. The forum also saw Saudi Arabia's signing of Memorandums of Understanding with Zambia and Djibouti, reinforcing its commitment to becoming a leader in the global minerals industry. Overall, the forum aims to forge partnerships that will shape the future of responsible mining practices worldwide.