Industry Minister Advances Strategic Partnerships with U.S. Industrial and Mining Leaders

During his official visit to the United States, Minister of Industry and Mineral Resources Bandar Alkhorayef, held a series of meetings with leaders of major American industrial and mining companies today. The meetings focused on discussing joint investment opportunities in the industrial and mining sectors, as well as the key enablers provided to facilitate the investment process for companies in the Kingdom.

 The meetings focused on strengthening industrial and mining cooperation between both sides, and identifying joint investment opportunities in the mining sector and other priority industrial sectors, including chemicals, aviation, and food. The officials also discussed opportunities to exchange expertise and transfer the latest manufacturing and mining technologies to the Kingdom. This aligns with the ambitious plans of the national strategies, and helps achieve the objectives of Saudi Vision 2030.

 Minister Alkhorayef met with the Vice President of Global Emerging Markets at General Mills, which centered on food processing and manufacturing technologies. Separate dialogues were held with the CEO of Lilac Solutions regarding innovations in lithium extraction technology.

 He also met with the Senior Vice President of International Government Affairs at RTX focused on defense and aerospace collaboration, as well as the CEO of International

 Flavors & Fragrances addressed opportunities in specialty chemicals and flavor production.

 The meetings held by Alkhorayef with American company leaders are a key step toward achieving Saudi Vision 2030's goals of transforming the Kingdom into a leading industrial power and global hub for mining and minerals. This is being accomplished by strengthening international partnerships, attracting investments, transferring knowledge and innovation, and localizing the latest technologies.