抖阴短视频

RIYADH: 抖阴短视频鈥檚 industry minister has hit out at the time taken to award mining licenses across the world as he talked up the Kingdom鈥檚 ambition to be a global leader in the field.

Speaking during the Saudi Green Initiative Forum held alongside the UN鈥檚 Climate Change Conference in Egypt's Sharm El Sheikh, Bandar Al-Khorayef said his government would keep 鈥渇eeding鈥� opportunities to companies who want to tap into the Kingdom鈥檚 estimated $1.3 trillion mining sector.

He said 抖阴短视频鈥檚 burgeoning mining industry could learn from the Kingdom鈥檚 oil, gas, and petrochemical sectors in terms of scaling up production.

Reflecting on the advantage the Kingdom has over other nations, he said: 鈥淕lobally, the time it takes to have a mining license is just ridiculous.

鈥湺兑醵淌悠� provides mining licenses in 90 to 180 days, but globally, it takes years of time.鈥�

Al-Khorayef attributed the delays in other countries to the history of the sector not giving back to the community in the way it should have.

The ministry has carried out three auctions for licenses since the beginning of the year, according to Al-Khorayef, and will continue to do so with five coming up for next year.

鈥淲e will keep feeding the market with these opportunities to ensure we are at the same speed,鈥� he said.

鈥淲e believe in 抖阴短视频 in addition to our resources, our geographical location could be a great asset for the global community's resilience in general,鈥� Al-Khorayef told the SGI Forum.

The Ministry of Industry and Mineral Resources was created under the idea of linking the minerals to industry to ensure that the country will be able to benefit from its natural resources in the industrial sector, he explained.

The main purpose was to push resources in the right direction, globally and locally, 鈥渘ot to fall in the trap like other countries where they have taken the resources to be developed or processed somewhere else.鈥�

Al-Khorayef praised how the Saudi oil and gas and petrochemical sectors have their businesses linked together, leading to the highest impact, and he called for the mining sector to do the same thing.

鈥淟ooking at our experience in 抖阴短视频, how we link oil and gas business to the petrochemical business where it is really a seamless operation where we were able to get the highest impact,鈥� he said.

鈥淭hat is why we are more competitive; if we do the same thing in mining, definitely, I am sure that we can do much more than expected,鈥� he said.

The minister highlighted that the country is underserved when it comes to geological surveys, adding: 鈥淭hat is where we are putting a lot of effort to make sure that we understand more and more how much resources we have.鈥�

鈥淚 am a great believer that if the world does a good job, we will have the right amount of minerals,鈥� he added.