Saudi Arabia’s Northern Borders Region is rich in mineral resources, with an estimated value exceeding SR4.669 trillion ($1.2 trillion). These reserves are a key part of the Kingdom’s broader mining potential, which is being explored and developed in line with Saudi Vision 2030. The initiative aims to position mining as a major pillar of economic diversification and national revenue.
A Thriving Mining Sector
The region is particularly known for its significant phosphate deposits, which play a crucial role in global food security as a key ingredient in agricultural fertilizers. Phosphate production projects in Wa’ad Al-Shamal City have cemented Saudi Arabia’s position among the world’s leading phosphate producers and exporters.
According to Ministry of Industry and Mineral Resources Spokesperson Jarrah Al-Jarrah, the Northern Borders Region contains high-quality mineral ores, with total reserves valued at approximately $1.2 trillion. Key minerals found in the area include:
- Phosphate
- Coal
- Dolomite
- Limestone
- Silica sand
The region also hosts five phosphate ore reserve sites and 29 active mining licenses, including 15 for construction material quarries and 14 for mineral exploitation.
Government Support and Investment Opportunities
Minister of Industry and Mineral Resources Bandar Alkhorayef is set to visit the Northern Borders Region on Sunday to oversee industrial and development projects. His visit aligns with the ministry’s efforts to attract local and international investment into the mining sector, reinforcing its role as a key driver of economic diversification in line with Saudi Vision 2030.
(Source: Arabian Business)
