Mining investments in RCJY cities reach SAR 185b: Official

Khalid Al-Salem, Royal Commission for Jubail and Yanbu (RCJY) President

Investments in the mining sector across the cities of the Royal Commission for Jubail and Yanbu (RCJY) currently total SAR 185 billion, according to RCJY President Khalid Al-Salem.

Speaking to CNBC Arabia, Al-Salem highlighted that Yanbu and Jizan are poised to attract significant investments in the future due to their proximity to the Arabian Shield region, as Saudi Arabia intensifies efforts to promote exploration in the region.

Al-Salem also noted the RCJY's commitment to supporting industrialization and manufacturing within the mining sector. The commission is exploring solutions such as securing appropriate landfill sites, reusing industrial slag, and adopting clean energy. This aligns with Saudi Arabia’s strong focus on development in this field.

He further emphasized the RCJY’s role as a key enabler, citing advanced-stage discussions on green hydrogen projects, particularly in Yanbu. Additionally, notable progress has been made in carbon capture technologies, including injecting carbon into oil wells or utilizing it in manufacturing processes within Yanbu Industrial City.