This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from HIBAPRESS, the Arabic version:
Heba Press – Rabat
During a panel discussion on the theme “Practical steps the world can take to manage competition for important minerals”, organized today Wednesday in Riyadh as part of the Future of Minerals Forum, with the participation of Bandar Al-Khorayef, the Saudi government. The Minister of Industry and Mineral Resources, the Minister of Energy Transition and Sustainable Development, Ms. Leila Benali, stressed the importance of promoting sustainability in its global sense and working to mobilize global efforts major issues and the strengthening of international cooperation, emphasizing that Morocco is an essential player. destination to attract investment in the critical minerals sector.
Ms Leila Benali added that security of supply is not necessarily the problem if we set certain conditions, such as recycling, and ensure increased connectivity between markets. So that we can ultimately supply these minerals and ores at the best possible competitive cost.
She stressed that Morocco is one of the five countries that constitute the global link in terms of overhauling global value chains. It is also today the only African country linked to Europe and the Atlantic basin, logistically, culturally but also energetically.
She added that countries like Morocco constitute a strategic platform to mobilize the main geopolitical blocs, not only to invest in the areas of manufacturing and production, but also to strengthen research and development, apply artificial intelligence technologies and efficiently manage electricity networks. In this context, Benali highlighted the importance of Morocco’s geographical location as a pivotal destination for attracting investments in the critical minerals sector.
She highlighted that there is a strong partnership with the Kingdom of Saudi Arabia in the fields of research and mining, as there are many opportunities for cooperation in investment and innovation, adding that this partnership began with the first edition of the Future Minerals Forum. and new business models are currently being sought to strengthen this cooperation.
The Minister of Energy Transition and Sustainable Development concluded that “the launch of the OTC Corridor initiative, that is to say the Corridor of Origin, Transit and Certification, aims to make sustainability a right common “.
