Rare Earth

Energy, Oil & Gas

Saudi Arabia discovers 114m tonnes of rare earth, uranium resource in Madinah

Tue, 15 Sep 2026

Saudi Arabia has identified an estimated 114 million tonnes of ore containing high concentrations of rare earth elements and promising uranium deposits at the Jabal Sayid project in the Madinah region, Energy Minister Prince Abdulaziz bin Salman announced at the 70th General Conference of the International Atomic Energy Agency (IAEA) in Vienna.

Industry, Logistics & Shipping

Critical Metals Corp, Saudi TQB set up JV for $1.5bn rare earth facility

Fri, 16 Jan 2026

Critical Metals Corp (CRML), a leading critical minerals mining company, on Friday announced that it has executed a non-binding term sheet for the formation of a 50/50 joint venture with Tariq Abdel Hadi Abdullah Al-Qahtani & Brothers Company (TQB), a globally diversified industrial conglomerate group based in Saudi Arabia.