Saudi Vision 2030
Mining: The Third Pillar of Saudi Arabia's Economy
How Australian mining expertise can support Saudi Arabia's ambitious transformation into a global mining powerhouse
Saudi Arabia's Vision 2030 Mining Goals
Four strategic objectives driving the transformation of Saudi Arabia's mining sector into a cornerstone of economic diversification
Increase GDP Contribution
Grow mining sector contribution by 2035, establishing mining as the third pillar alongside oil & gas and petrochemicals
Create 250,000+ Jobs
Generate direct and indirect employment across the entire mining value chain, from exploration to advanced manufacturing
Top 5 Global Destination
Position Saudi Arabia among the world's leading mining nations through regulatory excellence and competitive fiscal terms
Complete Value Chains
Build integrated ecosystems from exploration and extraction through processing, refining, and advanced manufacturing
Saudi Arabia Has Made Market Entry Easier
Comprehensive regulatory reforms and competitive fiscal terms have removed traditional barriers to foreign mining investment
Mining Tax Reduced to 20%
Down from 45%, now among the lowest globally
100% Foreign Ownership
No forced local partnership requirements
$182M Exploration Fund
Covering 25-75% of exploration costs
Digital Licensing Platform
Application time reduced from months to weeks
50,000 km² Released
High-potential areas with geological data
World-Class Infrastructure
Modern ports, roads, and energy grid supporting mining operations
How Can Australian Companies Contribute
Australian mining expertise directly addresses Saudi Arabia's transformation needs across four key areas
Exploration & Discovery
Accelerate exploration across 600,000 km² of surveyed territory to identify high-value mineral deposits
- •Advanced geophysical technologies (AI, remote sensing)
- •Greenfield project expertise
- •Joint ventures with local partners
- •Access to incentives 25-75%
Operational Excellence
Build world-class mining operations with international safety, efficiency, and sustainability standards
- •Autonomous equipment & digital systems
- •Safety management frameworks
- •Mine planning & optimisation
- •Mining services
Technology & Sustainability
Adopt cutting-edge technologies for Saudi mining conditions and water-efficient operations
- •Water-efficient mining practices
- •Metallurgical expertise
- •Renewable energy for remote sites
- •AI & digital twin technologies
Value-Added Processing
Develop downstream processing capabilities to move beyond raw mineral exports
- •Battery manufacturing facilities
- •Rare earth separation & refining JVs
- •Processing plants
- •Advanced materials manufacturing
Priority Minerals
Saudi Arabia's mineral wealth combined with Australian processing expertise creates a powerful partnership for global energy supply chains
Copper
Electric vehicles, renewable energy infrastructure
Lithium
EV batteries, energy storage systems
Rare Earth Elements
EV motors, wind turbines, electronics
Phosphate
Fertilizers, battery cathodes
Gold & Silver
Electronics, solar panels, investment
Zinc
Galvanizing, batteries, alloys
Aluminum
Transportation, construction, packaging
Magnesite
Refractory materials, agriculture
Ready to Participate in Saudi Arabia's Mining Transformation?
ASMA connects Australian mining companies with Saudi Arabia's Vision 2030 opportunities. We guide you through licensing, partnerships, and market entry.