Jakarta: Minister of Industry and Mineral Resources Bandar Alkhorayef held meetings in Jakarta with top executives from Indonesia's mining sector, including MIND ID and PT Vale. The discussions aimed to strengthen private-sector collaboration, foster investment opportunities, and exchange expertise in critical minerals like nickel, cobalt, and copper-key resources driving the global energy transition.
According to Saudi Press Agency, during talks with MIND ID executives, the focus was on sharing best practices in mining and forging partnerships to develop strategic minerals that align with sustainable development goals. Similarly, discussions with PT Vale highlighted the role of technology and innovation in advancing the mining sector.
Indonesia, a global leader in minerals such as nickel, cobalt, and copper, is actively attracting foreign investment to develop downstream industries and bolster clean energy supply chains. The efforts closely align with Saudi Arabia's Vision 2030, which aims to localize value chains, unlock mineral wealth, and establish the Kingdom as a global hub for mining innovation.
By prioritizing private-sector collaboration, the strategic meetings reflect a shared vision for sustainable growth, enhanced bilateral trade, and global leadership in the mining industry.
The meetings were part of the minister's visit to underscore the Kingdom's commitment to strengthening its economy and transforming into an industrial powerhouse with global influence. By building international partnerships and leveraging collaboration with countries worldwide, Saudi Arabia aims to unlock new opportunities for economic growth.