His Excellency the Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef chaired the first meeting of the Mining Partnership Council and Mining Industries, which reviewed the challenges of the mining sector that are being shared by the Mining Sector Committee, in the presence of His Excellency the Deputy Minister for Mining Affairs Eng. Khalid bin Saleh Al-Mudaifer and members of the Council.
The members of the council consisted of a number of experts in Mining sector, most notably Eng. Meshary AlAli, Chairman of Rasi Group and CEO of Golden Compass Company, in his capacity as a member of the council.
The official spokesman for the Ministry, Jarrah bin Muhammad Al-Jarrah, stated that the Mining Partnership Council aims to provide a channel that guarantees continuity of institutional communication between representatives of mining in the private and government sectors, in order to enhance the role of the private sector in raising the competitiveness of the mining sector in the Kingdom, and maximizing its contribution to the national economy. To achieve the sector targets set in Saudi Vision 2030.
Al-Jarrah indicated that one of the most important functions of the council is holding periodic meetings with the local and international private sector to ensure its active participation in the development of the sector, listing and evaluating the challenges received from the private sector, determining priorities for action on them, and submitting improvement proposals on sectoral policies and legislation in their stages of development to keep pace with global changes. Reviewing the strategies and initiatives referred to the Council and expressing views on them, reviewing international reports related to the mining sector and expressing views on potential development opportunities.
He stated that the council includes: representatives of the relevant national committees of the Federation of Saudi Chambers (the National Committee for Mining, the National Committee for Iron Industries, the National Committee for Cement Companies, and the National Committee for Gypsum Manufacturers), representatives of major national companies affiliated with the sector, representatives of mining services companies, and experts specialized in The mining sector, and a representative of the industrial council, adding that the tasks of the secretariat of the mining council are assigned to the secretariat of the mining sector committee, and the council establishes work teams and appoints a head for each team, approves the roles and tasks assigned to the teams, and names representatives of mining affairs in the ministry to work with each team.