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Al-Marsad newspaper: The Minister of Industry and Mineral Resources, Bandar Al-Khorayef, stated that the Kingdom possesses a mineral wealth of 5 trillion riyals, equivalent to 1.3 trillion dollars.
He said, in an interview with CNBCThe volume of mineral wealth in the Kingdom is estimated at regarding 5 trillion riyals, indicating that investment in the mining sector needs long periods..
Al-Khorayef added that the “SAS” initiative was launched to supply 2.7 trillion dollars.
