Saudi Oil Giant Joins Forces with Mining Titan | Business and Finance News

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Recorded19 Aug 2026

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Saudi Aramco and Maaden are forging ahead with a landmark joint venture to dominate copper mining in Saudi Arabia, targeting Zone-4 — a massive 10% of the country — while also hunting for zinc, lead, and rare earths to fuel the global energy transition. Maaden leads with 51% ownership, leveraging its mining expertise alongside Aramco’s vast geological data and cutting-edge AI tech. This strategic move, first announced in January 2025, is part of Saudi Arabia’s push to diversify its economy and position itself as a key player in the global metals market — all while tapping into soaring demand for critical minerals powering electric vehicles and renewable energy infrastructure. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/97c074e61a8a37ae

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