tanzania times : Latest News and In-depth Analysis
Contact Us
Search
Travel

More than 85 Governments to Gather in Riyadh to Lead Global Action on Minerals at Fourth Future Minerals Forum

Jan 13, 2025

IDOPRESS

RIYADH,Saudi Arabia,Jan. 11,2025 -- Over 85 governments from key mineral-producing and consumer nations,including 16 countries from the leading G20 economies,and 50 ministers and 13 vice ministers – have confirmed they will join the 2025 FMF Ministerial Roundtable on January 14,2025.

The Ministerial Roundtable,a multi-stakeholder,government-led initiative,is the traditional opener of FMF,spurring international action to increase investment in mineral supply and build capacity in the Super Region of Africa,Western and Central Asia,and other supply regions. It is set to be the largest and most senior gathering of mineral resources officials in the world

Discussion will cover progress made over the past year on the three Ministerial Roundtable initiatives:

Development of an International Critical Minerals Framework

Establishment of Centers of Excellence to build capacity in sustainability (Morocco),talent development (South Africa),and technology innovation (Saudi Arabia).

Advancements in Certification Systems to ensure responsible mineral sourcing.

His Excellency Khalid Al-Mudaifer,the Vice-Minister for Mining Affairs of Saudi Arabia's Ministry of Industry and Mineral Resources,emphasizes that,"The meeting is an important step towards achieving sustainable development in the minerals sector globally. Itis an ideal platform for delivering solutions,developing legislation on best practices in the field of sustainable mining,and exploring ways to invest in mining projects to achieve economic and social development in producing countries."

Joining him are high-profile leaders,including ministers from supplier and financing like Brazil,South Africa,DRC,India,Egypt,Italy,Nigeria,Qatar,Pakistan,Kazakhstan,Uzbekistan,Malaysia,Thailand,Morocco,Indonesia,France,USA and the United Kingdom,discussing opportunities for global cooperation.

"This year,discussions will seek to enhance collaboration between governments,industry,and communities to drive more investment in minerals,and development through value addition in supplier countries. We want to support thepressing need for sustainable mining practices,resilient supply chains,and value-driven partnerships in the minerals industry."

Importantly,the outcomes of theMinisterial Roundtable are not confined to the event itself but form an ongoing,year-round program. Regional Coordination Groups will continue to drive the implementation of key initiatives.

"FMF is emerging as the largest global hub for minerals collaboration and action – no other platform brings together government ministers and senior industry leaders at this scale." Al-Mudaifer concluded.

tanzania times : Latest News and In-depth Analysis

TzTimes provides the most timely and comprehensive news coverage of Tanzania. Covering multiple fields such as politics, economy, society, culture, sports, as well as in-depth analysis of international relations and important domestic events. Whether you are concerned about local developments or international influences, this is the best source for the latest information on Tanzania. We are committed to helping readers understand the current situation and future of Tanzania through accurate, objective and in-depth news reports, while paying attention to the challenges and development opportunities it faces.