Saudi Northern Borders region yields growing mineral revenue

Saudi Arabia’s Northern Borders region is emerging as a key driver of economic growth and investment with its $1.2 trillion in mineral resources.

Its phosphate, coal, dolomite, limestone and silica sand deposits have made Saudi Arabia a leading mineral exporter.

The kingdom boasts five phosphate ore sites and has granted 29 active mining licenses, according to government statistics.

Mining and mineral exports have become a central part of Saudi Arabia’s shift from dependence on oil, which aligns with the government’s goal of diversifying the economy and deriving revenue from non-petroleum sources.