KSA and Italy talk hydrogen and critical minerals:Italy is currently in talks with Saudi Arabia on joint investments in the automotive, mining, oil and gas, defense, hydrogen and space sectors, Reuters reported on Monday, citing statements by Italian Industry Minister Adolfo Urso. The discussions come as Italian PM Giorgia Meloni pushes with efforts to reset ties with Gulf countries since she assumed office last year.

Lured in by the kingdom’s mining potential: Urso says Rome and Riyadh are set to develop a regulatory and industrial framework that accelerates strategic autonomy in the critical raw materials sector. “We explored the possibility of partnerships and joint investments especially in the mining sector, both in our respective countries and in third areas, such as the African continent,” he said.

REMEMBER- We’re going big with energy transition metals: Saudi Arabia aims to become a global hub for green metals critical for the energy transition under efforts to diversify its economy away from oil. This includes tapping significant amounts of uranium and titanium discovered in the country, according to officials. KSA says it has untapped metals and minerals — including copper, zinc, phosphate, and gold — collectively worth USD 1.3 tn.

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