Saudi Arabia has marked another significant step in its drive towards diversifying its mining sector by opening bids for three expansive mining complexes in Riyadh and Makkah. The Ministry of Industry and Mineral Resources is leading the initiative.
The decision aligns with the Kingdom’s broader strategy to develop its mining sector, bolstered by recent reforms aimed at attracting foreign and local investments.
Within Riyadh, the ministry has revealed two mining sites. The first is a 2.48-square-kilometre complex situated south of Al Dilam. The second is considerably larger at 15.23 square kilometres and is located south of Al Hair. Both are primarily sand ore complexes.
Meanwhile, the Makkah Province adds a different dimension to the bidding with its expansive sand ore and backfill materials complex. Located in Al Jubayhah, Khulais Governorate, this site spans over 45.57 square kilometres.
The timeline for submitting bids is between November 23 and December 11, 2025. This period will be crucial for interested parties to demonstrate their capacity to tap into Saudi Arabia’s potential mineral wealth. The move is part of a broader policy to rejuvenate the mining sector, complementing the Kingdom’s Vision 2030 goals to reduce dependence on oil.
It is estimated Saudi Arabia has $2.5 trillion worth of untapped mineral resources, and the Kingdom is targeting to become a global mining hub. The inflow boasts a diverse portfolio including iron, phosphate, aluminum and copper.
