PIF and Ma’aden Partner for Strategic Mineral Investments
Intro: Saudi Arabia’s Ma’aden, backed by PIF, has launched strategic partnerships with Ivanhoe Electric and Barrick Gold to boost mineral exploration and secure critical supply chains for energy transition. The deals include a $126M stake in Ivanhoe, cutting-edge tech integration, and JVs targeting copper, gold, and nickel in Saudi Arabia. Factbox (50w): – $126M Investment: […]