$XAU | $PAXG
— The next big bet for Saudi Arabia 🇸🇦
The Kingdom of Saudi Arabia is accelerating its transformation away from oil dependency, making strong moves to become a global power in the mining sector as part of Vision 2030.
Beneath the desert sands lie vast reserves of:
• Gold
• Lithium
• Copper
• Nickel
• Cobalt
• Rare earth metals
• Phosphate
⚡ These minerals are essential for industries:
Electric vehicles, batteries, clean energy, technology, and defense.
💰 Estimated untapped value: around $2.5 trillion
🔑 Why is this important?
• Mining has become a cornerstone of Vision 2030
• Accelerating regulatory frameworks and massive capital influx
• Strategic partnerships reducing reliance on traditional supply chains
• Growing Saudi influence in the global energy transition
📌 In summary
Saudi Arabia is no longer just an oil giant — it is rapidly transforming into a superpower in gold and strategic minerals on a global scale 🌍
