Two of Saudi’s biggest mining firms seal landmark deal to swap licences; set to create 47,000 jobs

Saudi mining giants Ma’aden and AMAK have strategically swapped exploration licenses to accelerate discovery and development. This move aligns with Saudi Vision 2030, aiming to boost the mining sector as the economy's third pillar. The partnership is expected to create thousands of jobs and significantly contribute to national economic diversification.

Dec 11, 2025 - 16:30
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Two of Saudi’s biggest mining firms seal landmark deal to swap licences; set to create 47,000 jobs
Saudi mining giants Ma’aden and AMAK have strategically swapped exploration licenses to accelerate discovery and development. This move aligns with Saudi Vision 2030, aiming to boost the mining sector as the economy's third pillar. The partnership is expected to create thousands of jobs and significantly contribute to national economic diversification.

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