Recent reports and surveys of the region have estimated the value of its mineral reserves exceeding US$ 1 trillion. Opportunities of investments, exploration and productions are rapidly developing, considering the region’s diversification plans.
Economic diversification is on the national agenda of many countries in the Middle East and developing the mining industry is a priority to diversify from an oil-based economy in order to achieve economic resilience.
Taking into consideration the vast potential in mining, key enablers and authorities involved in the transformation of the mining sector are making great strides towards developing their long-term mining strategy which will offer exciting opportunities in exploration and investment.
The strategy will be built around the development of integrated mineral value chains that will elevate the sector, leveraging the unparalleled mineral endowment, harnessing its strong domestic demand for minerals, fostering a mining ecosystem that is attractive to local and international explorers, investors and other stakeholders.
The key drivers of mining strategy will be, to improve sector governance by establishing a new overarching mining law, digitalization of critical processes and services, accessibility to accurate geological data, sustainability and more.
As governments aim to diversify their economies, new mining codes and regulations will present immense opportunities and increase foreign investments, resulting in a huge demand for innovative technologies and solutions along with training and upskilling to fill supply chain gaps across the mining lifecycle.
The mining industry is at a vital inflection point, where the event aims to strengthen the collaboration between authorities and industries, while new projects and partnerships are initiated and visionary objectives are implemented.
MINREX is a must attend event and a definitive networking platform for the mining industry professionals.
MINREX has collaborated with various government bodies, leading industry associations, research partners and specialists to establish the exhibition that caters to the entire mining landscape, making it an imperative convergence point. The expo is aligned with the demand and supply of the market across the board for industries to share best practices, tackle challenges and explore breakthroughs in mining.
The Expo will feature the latest products and services, technology, equipment and services to the mining industry buyers. The exhibitors will have the opportunity to expand connections, launch new products, build new business partnerships and engage with one of the fastest growing mining markets in the world.
The interactive Summit will confluence global experts, industry leaders, solution providers and policymakers to discuss the current challenges, upcoming opportunities in the industry, technological advancements and best practices to be ahead of the curve, increase resilience and succeed in a cyclical industry.
The Summit will feature a stellar line-up of speakers, presentations, case studies and panel discussions providing access to a wealth of industry-leading knowledge, information exchange, cutting-edge insights and outlooks with actionable takeaways.