Middle East Looks to Develop Critical Minerals

May 29, 2025--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--As the U.S. looks to spread its sourcing of critical minerals beyond the dominance of China, other nations with deposits of these increasingly in-demand minerals are also looking to ramp up production. Industrial Info Vice President of Research Metals & Minerals Joe Govreau pointed out, "Saudi Arabia is diversifying away from reliance on oil [as are many Middle East nations] so investment in mining and smelting are on the rise. Saudi Arabia has about $6 billion worth of critical minerals projects under development including aluminum, copper, ilmenite and lithium."