Archive · 19 Nov 2025
Vedanta to Boost Saudi Investments in Copper, Gold Exploration
Vedanta, an Indian mining company, is expanding its operations in Saudi Arabia.
It will start looking for copper and gold in the desert nation soon.
This is part of Saudi Arabia's plan to become a major player in the mining industry and reduce its dependence on oil.
Vedanta Ltd received a license to explore for copper and gold in Saudi Arabia
The company plans to start mining in six to eight months in the Jabal Sayid belt
Vedanta aims to create a Saudi supply chain from mining to processing
The company has already committed to a $2 billion investment in copper processing facilities
Saudi Arabia seeks to diversify its economy and become a metals and mining hub
- Who
- Vedanta Ltd, a mining conglomerate
- What
- Received a license to explore for copper and gold in Saudi Arabia
- When
- Received the license on Tuesday, plans to start mining in six to eight months
- Where
- Western Saudi Arabia, specifically the Jabal Sayid belt
- Why
- To create a Saudi supply chain from mining to processing and support Saudi Arabia's economic transformation
- Minerals
- Copper and gold
- Location
- Jabal Sayid belt, western Saudi Arabia
- Saudi Vision
- To diversify the economy and become a metals and mining hub by 2030