Riyadh, Saudi Arabia – Twenty five cooperation agreements and memorandums of understanding were signed between a number of government agencies, companies and institutions at the 2nd edition of the Future Minerals Forum being organized by the Saudi Ministry of Industry and Mineral Resources.
These agreements and memorandums of understanding included the areas of mineral exploration, technology, communications, application of sustainability standards, localization and rehabilitation, and industrialization in the minerals sector.
The signing ceremony also witnessed the handing over of the two exploration licenses for Khnaiguiyah and Umm Al-Damar sites to the companies that won their licenses.
The participating entities in the signing ceremony were the Ministry of Energy, the Ministry of Industry and Mineral Resources, the Saudi Geological Survey (SGS), Ma’aden Company, the Saline Water Conversion Corporation (SWCC), King Abdulaziz City for Science and Technology, King Saud University, the Royal Commission for Jubail and Yanbu, Saudi Aramco, King Fahd University of Petroleum and Minerals, the Federation of Saudi Chambers, and the Industrial Center.