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Saudi Arabia's mining minister plans to meet with his Chilean counterpart to discuss potential investments in lithium, a critical material for electric vehicle batteries. The Middle Eastern country is keen on entering the EV sector. Chile is the world's second-largest lithium producer, and both countries see potential for collaboration.
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef told Reuters in a recent interview that the Middle Eastern country is interested in obtaining lithium overseas as it aims to enter the electric vehicle (EV) sector.
Saudi Arabia's mining minister plans to meet with his Chilean counterpart in Santiago at the end of July to discuss potential investments in lithium, a Chilean government source said on Friday. Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef told Reuters in a recent interview that the Middle Eastern country is interested in obtaining lithium overseas as it aims to enter the electric vehicle (EV) sector. Chile is the world's second-biggest producer of lithium, a material key to