US seeks mining partnerships with Saudi Arabia, energy official says 

In recent years there have been significant investments by US companies in developing the critical minerals supply chain in Saudi Arabia. Getty 
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Updated 15 January 2026
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US seeks mining partnerships with Saudi Arabia, energy official says 

RIYADH: The US is seeking partnerships with Saudi Arabia in high-quality mining projects after creating a suitable investment environment, according to Assistant Secretary of Energy Audrey Robertson. 

In an interview with Al-Eqtisadiah on the sidelines of the Future Minerals Forum 2026, Robertson pointed to recent investments by US companies in developing the supply chain for critical minerals in the Kingdom. 

She said these partnerships are expected to accelerate innovation and attract complementary private capital into the sector, driving faster commercialization, improving supply chain management, and enhancing energy security for both countries. 

This aligns with developments in November, when during Crown Prince Mohammed bin Salman’s visit to Washington the two nations established a strategic framework for cooperation in uranium, minerals, permanent magnets, and critical minerals supply chains. 

“The US-Saudi Arabia Energy and Minerals Partnership reinforces our shared vision of adding energy to the global economy by stimulating the development of critical minerals resources, mining, and manufacturing in both countries,” Robertson said. 




Audrey Robertson speaks at Hart Energy’s SUPER DUG 2024 Conference & Expo in Fort Worth, Texas. Hart Energy

She added that as the Kingdom aims to become one of the world’s largest mineral processors by 2030, its growing partnership with the US — alongside the country’s involvement and investment in Saudi Arabia — will help achieve this goal. 

During the interview, Robertson highlighted that developing critical minerals offers numerous opportunities for coordinated and prudent investment. 

“It is essential to seize these opportunities. Given that critical mineral markets are prone to sharp price fluctuations, allied nations should collaborate on investment strategies to ensure security of supply,” she said, adding that historical agreements such as the Critical Minerals Framework demonstrate the US commitment to cooperation, and that Saudi Arabia has also shown its commitment to securing the mineral supply chain. 

The energy secretary added: “These industries require not only innovative technology but also prudent capital. Combining these two elements can lead to breakthroughs that transform how we extract, process, and refine critical minerals, setting us on a path to a more secure energy future.” 

Robertson also said that in recent years there have been significant investments by US companies in developing the critical minerals supply chain in the Kingdom. 

She noted that these include a joint venture between MP Materials and Maaden to establish a rare earth minerals refinery in Saudi Arabia, Albemarle’s exploration of lithium processing development, and Bechtel securing a $104 million contract for the Kingdom’s largest gold mining project.  

“We are committed to continuing to create the right conditions for joint investments of this kind between our two countries,” she said. 

On the role of US expertise and technology, Robertson said they can support the development of Saudi Arabia’s mineral resources across several key areas, including exploration and extraction, processing and refining, and sustainable mining practices. 

Looking ahead to future cooperation between Saudi Arabia and the US in the mining sector, she said that over the next decade the two countries could move from existing framework agreements to a robust network of joint ventures, integrated supply chains, and collaborative research and development. 

She also projected a significant increase in bilateral investment and the consolidation of Saudi Arabia’s position as a major hub for mineral processing and manufacturing. 

Addressing intense global competition for critical minerals, Robertson believes it has become one of the most prominent geopolitical and economic challenges today.  

“These materials are the building blocks of the 21st-century economy and enable us to build the future we envision,” the official said. 

Robertson emphasized that extraction, processing, and refining capabilities for critical materials — such as rare earth elements, graphite, and cobalt — are often concentrated in one or a few countries.

This concentration, she said, makes global supply chains vulnerable to disruption and underscores the need to diversify and secure vital mineral supplies. 

“Our strategic partnership with Saudi Arabia is a direct and forward-looking response to this reality. By collaborating with countries that possess vast mineral resources and aspire to develop them with American partners, we are actively building a more secure, resilient, and diversified global market,” Robertson said. 

She said the strategy would not only secure national resources but also help establish stable, transparent, and reliable supply chains capable of supporting global economic growth and prosperity, while advancing shared energy security goals. 

“The emergence of new mineral processing centers, such as those being established in Saudi Arabia, will foster innovation and ultimately lead to a more balanced and competitive global market,” she concluded. 


First EU–Saudi roundtable on critical raw materials reflects shared policy commitment

Updated 16 January 2026
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First EU–Saudi roundtable on critical raw materials reflects shared policy commitment

RIYADH: The EU–Saudi Arabia Business and Investment Dialogue on Advancing Critical Raw Materials Value Chains, held in Riyadh as part of the Future Minerals Forum, brought together senior policymakers, industry leaders, and investors to advance strategic cooperation across critical raw materials value chains.

Organized under a Team Europe approach by the EU–GCC Cooperation on Green Transition Project, in coordination with the EU Delegation to Saudi Arabia, the European Chamber of Commerce in the Kingdom and in close cooperation with FMF, the dialogue provided a high-level platform to explore European actions under the EU Critical Raw Materials Act and ResourceEU alongside the Kingdom’s aspirations for minerals, industrial, and investment priorities.

This is in line with Saudi Vision 2030 and broader regional ambitions across the GCC, MENA, and Africa.

ResourceEU is the EU’s new strategic action plan, launched in late 2025, to secure a reliable supply of critical raw materials like lithium, rare earths, and cobalt, reducing dependency on single suppliers, such as China, by boosting domestic extraction, processing, recycling, stockpiling, and strategic partnerships with resource-rich nations.

The first ever EU–Saudi roundtable on critical raw materials was opened by the bloc’s Ambassador to the Kingdom, Christophe Farnaud, together with Saudi Deputy Minister for Mining Development Turki Al-Babtain, turning policy alignment into concrete cooperation.

Farnaud underlined the central role of international cooperation in the implementation of the EU’s critical raw materials policy framework.

“As the European Union advances the implementation of its Critical Raw Materials policy, international cooperation is indispensable to building secure, diversified, and sustainable value chains. Saudi Arabia is a key partner in this effort. This dialogue reflects our shared commitment to translate policy alignment into concrete business and investment cooperation that supports the green and digital transitions,” said the ambassador.

Discussions focused on strengthening resilient, diversified, and responsible CRM supply chains that are essential to the green and digital transitions.

Participants explored concrete opportunities for EU–Saudi cooperation across the full value chain, including exploration, mining, and processing and refining, as well as recycling, downstream manufacturing, and the mobilization of private investment and sustainable finance, underpinned by high environmental, social, and governance standards.

From the Saudi side, the dialogue was framed as a key contribution to the Kingdom’s industrial transformation and long-term economic diversification agenda under Vision 2030, with a strong focus on responsible resource development and global market integration.

“Developing globally competitive mineral hubs and sustainable value chains is a central pillar of Saudi Vision 2030 and the Kingdom’s industrial transformation. Our engagement with the European Union through this dialogue to strengthen upstream and downstream integration, attract high-quality investment, and advance responsible mining and processing. Enhanced cooperation with the EU, capitalizing on the demand dynamics of the EU Critical Raw Materials Act, will be key to delivering long-term value for both sides,” said Al-Babtain.

Valere Moutarlier, deputy director-general for European industry decarbonization, and directorate-general for the internal market, industry, entrepreneurship and SMEs at European Commission, said the EU Critical Raw Materials Act and ResourceEU provided a clear framework to strengthen Europe’s resilience while deepening its cooperation with international partners.

“Cooperation with Saudi Arabia is essential to advancing secure, sustainable, and diversified critical raw materials value chains. Dialogues such as this play a key role in translating policy ambitions into concrete industrial and investment cooperation,” she added.