- The conference highlighted the world's need for more dialogue and cooperation 
to meet future demand for strategic minerals

The Ministry of Industry and Mineral Resources (MIM) has announced the closing 
of the second Future Minerals Forum (FMF), which was held under the patronage 
of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud.

In his concluding speech, Forum host HE the Minister of Industry and Mineral 
Resources, Bandar Alkhorayef, thanked the Custodian of the Two Holy Mosques, 
King Salman bin Abdulaziz, and His Royal Highness Prince Mohammed bin Salman, 
Crown Prince and Prime Minister, for their support and sponsorship of the 
Future Minerals Forum, and their interest and continuous support for the 
empowerment of the mining sector in the Kingdom.  

HE Alkhorayef said that the success of the Forum was reflected in the ideas, 
suggestions and discussions presented by all participants from both home and 
abroad. Announcing that the Ministry will definitely hold a third edition of 
the Future Minerals Forum and ongoing ones, he underlined the need to move 
forward in developing the mining sector based on main pillars that include 
continuing dialogue, strengthening cooperation between various countries in 
this field.

The panel sessions at the Forum explored a number of topics such as the future 
of the mining sector, its contributions to the development of societies, the 
promotion of sustainable and clean energy systems, and attracting direct 
mega-investment to the mining sector in the region.  

The Forum witnessed the signing of 60 agreements and Memoranda of Understanding 
in the field of mining and minerals industry between a number of government 
agencies, companies and institutions participating. These agreements and 
Memoranda of Understanding covered mineral exploration, technology, 
communications, the application of sustainability standards, certification and 
the industrialization of the mining sector.

Delegates voted to see many more Future Minerals Forums, acting as a catalyst 
for swift investment in the sector, especially in light of the dramatically 
increasing demand for minerals now and in the future, due to modern industrial 
demands, especially with regard to the supplying the minerals needed to deliver 
renewable energy in the future, and for green products such as electric cars.

Photo - https://mma.prnewswire.com/media/1983479/Future_Minerals_Forum1.jpg
Photo - https://mma.prnewswire.com/media/1983478/Future_Minerals_Forum2.jpg

Source: Future Minerals Forum