PR98645

RIYADH, Saudi Arabia, Nov. 4, 2022 /PRNewswire=KYODO JBN/--

Following a highly successful first edition, Saudi Arabia's Future Minerals

Forum (FMF) participated in the International Mining and Resources Conference

(IMARC) in Sydney, Australia, which ran between 2 - 4 November. FMF introduced

its vision for shaping the future of the sector at the leading industry event

and promoted investment opportunities and strategic partnerships across the

emerging super-mining region spanning Africa to Central and Western Asia to

global investors.

"To realize the Paris Agreement's net-zero goals by 2050, estimates suggest

that more than three billion tons of minerals and metals, and up to $1.7

trillion in global mining investment will be needed. From the west of the

super-mining region in Senegal to the East in Kazakhstan, the 9,000-kilometer

emerging super-mining region has the geological potential to provide the world

with the critical minerals it needs," said H.E. Eng. Khalid Al-Mudaifer,

Vice-Minister for Mining Affairs, Saudi Arabia.

"The region needs investment and expertise to leverage these vast and

underexplored geological reserves in support of a sustainable future. The

International Mining and Resources Conference in Australia, the largest and

most influential industry event of its kind in the region, is the ideal

platform for FMF to share with investors the significant potential of the

region to provide the world with a resilient mineral supply chain," Al-Mudaifer

added.

Visitors to FMF's stand at IMARC will learn more about the significant mining

investment opportunities across Africa and West and Central Asia. This includes

exploration for platinum, phosphate, bauxite, manganese, cobalt and gold, and

the $1.3 trillion worth of reserves estimated to be held in the Arabian Shield.

The second edition of FMF will be held in Riyadh, Saudi Arabia, between January

10 - 12, 2023. FMF is expected to see over 13,000 participants; including

ministers, mining industry leader and CEOs of global mining companies, and over

130 countries to be represented.

Logo - https://mma.prnewswire.com/media/1938664/Future_Minerals_Forum_Logo.jpg

Photo - https://mma.prnewswire.com/media/1938663/Future_Minerals_Forum.jpg

Source: Future Minerals Forum