The announcement on the proposed JV in KSA can be huge deal for...

The announcement on the proposed JV in KSA can be huge deal for NSX if all goes our way. A recent article on the mining industry in Saudi, mentions an estimated $1.3 trillion of potential value in the sector. The article also references to Vision 2030- mining as the third pillar of Saudi Arabia’s economic development. I believe KSA would be keen to set up the exchange asap to enhance their political & technological profile in the region. A new mining law (drawing investments into the sector) only came into existence in 2020, so things are moving pretty quickly.

Saudi mining law will attract ‘incredible’ private investment to $1.3 trillion sector