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Saudi Arabia studies graphite, rare earths trading platform -...

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    Saudi Arabia studies graphite, rare earths trading platform - minister | Reuters

    Saudi Arabia studies graphite, rare earths trading platform - minister

    Saudi Arabia studies graphite, rare earths trading platform - minister


    LONDON, Nov 30 (Reuters) - Saudi Arabia is exploring the potential launch of a new commodity trading platform for battery materials, including graphite and rare earths, its vice minister of industry and mineral resources said.

    Riyadh's efforts to build an economy that is not dependent on oil include a shift towards mining the country's untapped mineral resources - worth about $1.33 trillion - including copper, lithium, phosphate and gold, but also investing in overseas assets.

 
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