Marketing in Middle East Metals Market
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Saudi Arabia's mineral reserves include 4,500 different mines in the country, including a Gold mine and sources of iron, manganese, nickel, tungsten, copper, lead, and zinc. The mining sector of Saudi arabia is very important in this country because according to the government, it is the only strategy to diversify the Saudi economy.
Saudi Arabia is one of the richest countries in the Persian Gulf in terms of owning Metals mines. Saudi Arabia has more than 60 million tons of Copper reserves. The Ministry of Petroleum and Mineral Resources recently invited private investors to participate in a mining tender. Saudi Arabia has several iron ore mines with reserves of 84 million tons with a purity of 43%. Several mines in Saudi Arabia have been studied for possible bauxite.