underground wealth

Gulf mining firms see promising opportunities in metal markets

Mining companies in Oman, the UAE and Saudi Arabia are planning to launch metal trading firms to tap the growing demand, the FT reports

An employee grasps phosphate granules at the Ma'aden Aluminium Factory in Saudi Arabia (Getty Images)

As Gulf states seek to reduce their dependence on oil sales, they’re finding new markets for copper, lithium and other metals needed for the energy transition.

Mining companies in Oman, the UAE and Saudi Arabia are planning to...