Exploration enablement program

A qualitative program to support mineral exploration initiatives and works in the Kingdom of Saudi Arabia, led by the Ministry of Industry and Mineral Resources and the Ministry of Investment

PROGRAM

Exploration enablement program

The Ministry of Industry and Mineral Resources and the Ministry of Investment launch an exploration enablement program to accelerate greenfields exploration and attract investment in the Kingdom’s mineral sector.

Improve

Geological knowledge that supports investment through providing data that is collected to international best practice and using innovative techniques.

Stimulation

Exploration activity accelerated to support strategic and pivotable objectives in the Kingdom’s mining sector.

Building

Capability and capacity of local talent in the mineral exploration and mining sector in the Kingdom.

Exploration

Exploration: Opportunities in new and emerging areas to expand knowledge of the Kingdoms’ exploration potential.

Program eligibility criteria

Critical Minerals

Exploration must focus on Critical Minerals such as Cu, Li, and Ni (Class ‘A’ category of the Mining Investment Law)

Exploration must focus on Critical Minerals such as Cu, Li, and Ni (Class ‘A’ category of the Mining Investment Law)

Greenfields Areas

Exploration activities must focus on underexplored areas or underexplored critical minerals.

Exploration activities must focus on underexplored areas or underexplored critical minerals.

Valid License

The applicant/investor must have a valid exploration license where the tenure is less than five years in duration.

The applicant/investor must have a valid exploration license where the tenure is less than five years in duration.

Experience and Capability

The investor/applicant must have relevant exploration expertise and track record in greenfield exploration.

The investor/applicant must have relevant exploration expertise and track record in greenfield exploration.

Local Capability

The applicant/investor must contribute to the development of local Saudi talent during the program period.

The applicant/investor must contribute to the development of local Saudi talent during the program period.

Local Content

The applicant/investor will make a commitment to using local providers for services and contracts.

The applicant/investor will make a commitment to using local providers for services and contracts.

Participate in the Exploration Enablement Program

Apply to participate in the Exploration Enablement Program to express interest in participating so that we can evaluate the application.