[Saudi Arabia expands its mineral exploration with 377 mining complexes]Saudi Arabia's mining industry is experiencing unprecedented growth as the government is boosting the sector by increasing investment and upgrading laws to attract more private companies. According to the latest government data, the number of mining complexes in the Kingdom rose to 377 by the end of 2022, with an estimated area of 44,365 square kilometers. Editor/Xing Wentao
The board of directors of Zijin Mining has approved a guarantee of 348 million yuan, and the Tanzan Railway Activation Project plans to apply for a total loan of 6.9608 billion yuan. The project company has not yet started actual operations, and the guarantee has been implemented to promote the financing process. Some projects have already started in the early stage of the project. Editor/Min Jing
On September 16, 2026, the China Mongolia power grid officially achieved cross-border interconnection between networks, and the project was included in the construction list of the China Mongolia Russia Economic Corridor. Both sides have overcome multiple technical challenges to ensure the electricity supply for Mongolia's industrial and mining sectors as well as people's livelihoods. They will also promote cross-border green power transactions and deepen energy cooperation between the two countries. Editor/Min Jing