https://arab.news/m4hmj
- Alkhorayef held discussions aimed at enhancing collaboration in exploration, production and processing of critical metals
NEW DELHI: Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef held a series of high-level meetings with leaders of prominent Indian mining companies on Friday to discuss investment opportunities and strengthen cooperation in the mining sector.
During his official visit to India, Alkhorayef held discussions aimed at enhancing collaboration in exploration, production and processing of critical metals, as well as fostering knowledge exchange and innovation between the two nations, the Saudi Press Agency reported.
The minister met representatives from Vedanta, an Indian multinational mining company headquartered in Mumbai, to explore investment opportunities in the copper value chain, with both parties expressing interest in advancing cooperation to support the development of this essential metal.
Additionally, he held talks with Bharat Forge — which specializes in forging, automotives, energy, construction and mining, railways, marine, aerospace and defense — to examine prospects in the iron sector.
In another meeting with Aditya Birla, a company specializing in copper and aluminum, discussions centered on potential collaboration in mineral exploration and processing.
The Indian firm expressed its intent to establish a framework for joint cooperation in the natural and mineral resources sectors, with aluminum manufacturing also identified as a key area of interest.
Alkhorayef also met representatives from Essar Company to review opportunities in the iron and steel industry, and get updates on Essar’s project in Saudi Arabia, which is focused on producing iron plates for construction applications.