Saudi Aramco and Maaden are forging ahead with a landmark joint venture to dominate copper mining in Saudi Arabia, targeting Zone-4 — a massive 10% of the country — while also hunting for zinc, lead, and rare earths to fuel the global energy transition. Maaden leads with 51% ownership, leveraging its mining expertise alongside Aramco’s vast geological data and cutting-edge AI tech. This strategic move, first announced in January 2025, is part of Saudi Arabia’s push to diversify its economy and position itself as a key player in the global metals market — all while tapping into soaring demand for critical minerals powering electric vehicles and renewable energy infrastructure.
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