Turkey, Saudi Arabia ink critical mineral cooperation deal
Source:al Monitor Date:29Aug2023
Turkey and Saudi Arabia signed a memorandum of understanding to advance the two countries’ cooperation in mining, Turkey’s Energy Minister Alparslan Bayraktar announced Monday.
Bayraktar said the deal is particularly aiming to advance cooperation between Turkey and Saudi Arabia on mining of critical minerals. “One of the most important components of this MoU involves cooperation on critical mines that are required in new technologies such as electric vehicles or solar solar panel technologies,” he told Turkey’s public broadcaster, adding that the scope of the deal involves in mining of critical minerals in Turkey and Saudi Arabia as well as third countries.