According to Bandar Al-Khar, the Saudi Minister of Industry and Mineral Resources, the Kingdom possesses a metal treasure of 5 trillion Saudi riyals, or $1. 3 trillion, in its possession.
Bandar Al-Kharf stated in an interview with the “CNBC” network that “investment in the mining sector demands extended periods of time” and that “the magnitude of the mineral riches in the Kingdom is estimated at roughly 5 trillion riyals.”
The fall revealed that the “SAS” supply effort had a $2.7 trillion budget when it was first introduced.
Citation: “CNBC”.
The value of the Kingdom’s mineral resources is disclosed by the Saudi Minister of Industry.
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