مع تنفيذ رؤية 2030.. هل تكون المعادن "النفط الجديد" للسعودية؟
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00:00 It seems that Saudi Arabia, through its upcoming 2030 vision, is looking at the refining sector
00:07 as a sector that brings a lot of wills.
00:11 Perhaps the new oil will be for Saudi Arabia if it is invested in the right way.
00:16 Saudi Arabia has started to take its steps very seriously to activate work in this system.
00:22 This is through the promotion of these minerals to be listed in international exchanges.
00:27 I would like to warn you that the refining movement in Saudi Arabia has started strongly
00:32 and it seems that it is intensifying the production of major minerals that enter many industries
00:37 and are exported outside Saudi Arabia.
00:39 Saudi Arabia produces a lot of gold minerals, around 500,000,
00:44 copper and zinc, around 100,000 tons, and copper, around 13 million tons.
00:50 Saudi Arabia's goals in its upcoming vision of the refining sector are to double the production of copper
00:57 by about 100%.
00:59 Gold is tripled, meaning 300%, and is one of the top 10 countries that produce aluminum.
01:06 Many competing countries may be surprised that Bahrain and Saudi Arabia are among the first
01:11 to produce aluminum until 2030.
01:15 The Ministry of Mining and Minerals in Saudi Arabia is looking at the Kingdom's goals
01:23 to stimulate the refining sector and to raise the values of the refining wealth by 90%,
01:30 to reach 2.5 trillion dollars, contributing 80 billion dollars of GDP or the total local product.
01:38 We are talking about job opportunities through the contribution in this sector,
01:42 which is 219,000 new job opportunities.
01:46 This is not all, but with the implementation of this vision,
01:49 Saudi Arabia will have a new way of dealing with the minerals in it.
01:54 Saudi Arabia announced incentives to support the refining activities of the companies
02:00 that work on their land.
02:02 The companies' income reached 685 million riyals, and for five years,
02:06 each company is allowed to receive 7.5 million riyals annually for their licenses.
02:13 We are talking about conditions.
02:15 The company must focus on the metals from the A class,
02:19 copper, lithium and nickel mainly,
02:21 within the clear energy transformation plan that we have,
02:23 especially that includes the production of electric cars or their batteries and so on.
02:27 Investments in the refining sector in Saudi Arabia reach 89 billion riyals,
02:32 and we are talking about 600 licenses so far.
02:35 And of course, a plan is being made to add 30 new licenses until 2024.
02:42 So these are the goals of Saudi Arabia to pay for the refining sector,
02:46 perhaps to be its new oil.