Mining Sector Across the GCC: Minerals Benchmark

Sun, 22 Feb 2026 00:00:00 +0000

Overview

Mining represents one of the most significant untapped diversification opportunities in the GCC, with the Arabian Peninsula’s geological formations hosting substantial deposits of phosphates, bauxite, copper, gold, zinc, and rare earth elements. Saudi Arabia’s mineral wealth alone is estimated at over one point three trillion dollars, making the Kingdom’s mining sector development a cornerstone of Vision 2030’s industrial strategy. Across the GCC, mining has historically been overshadowed by the hydrocarbon sector, but rising global demand for critical minerals driven by the energy transition is elevating the strategic importance of non-oil extractive industries.

Extractive-Industries on SAUDI VISION 2030 Intelligence Platform

Mining Sector Across the GCC: Minerals Benchmark

Overview