During the Future Minerals Forum (FMF), ESNAD and the Saudi Chinese Business Council (SCBC) officially signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation in the mining services sector. The Future Minerals Forum is a premier global platform held in Riyadh, designed to shape the future of mining across the Middle East, Africa, and Central Asia. It brings together government ministers, global investors, and industry leaders to discuss the sustainable development of mineral resources and the creation of resilient supply chains.

The signing of the MoU marks a significant step toward building an integrated ecosystem for the mining sector. Both organizations committed to supporting market development and enhancing revenue growth through joint investment efforts. Key objectives of this partnership include expanding the Kingdom’s international network of mining partners and fostering deeper integration with the global mining system through coordinated initiatives and high-profile international events.

In addition to the formal signing, representatives from both sides utilized the forum to showcase their capabilities and explore collaborative opportunities within the exhibition. SCBC expressed its commitment to coordinating delegation exchanges and high-level visits, aiming to provide partners with a practical understanding of the investment landscape and the transformative opportunities available within the Saudi mining industry.