Vedanta group plans investments in mineral sector in Saudi Arabia

Industrialist Anil Agarwal-owned mining major Vedanta Group on Friday said it is exploring investment opportunities in the mineral sector of Saudi Arabia.

The company is already in discussions with stakeholders in Saudi Arabia, which is aiming to become a mineral hub in the Middle East, Vedanta said in a statement.

“Vedanta plans to invest in the mineral sector in Saudi Arabia. The company is in discussions to identify investment opportunities in Saudi Arabia, which aims to transform itself into a mineral hub in the Middle East,” the statement said.

According to the statement, Vedanta Chairman Anil Agarwal on Wednesday attended the ‘Future Minerals Forum 2022’ held in Riyadh as a guest speaker and spoke on the huge potential Saudi Arabia has in minerals, including zinc, gold and silver.