On a massive scale: Saudi Arabia found what it was missing for its nuclear program
Saudi Energy Minister Prince Abdulaziz bin Salman revealed a discovery of 110 million tons of rocks containing uranium and rare metals in the Al-Madinah region. The discovery, presented at the International Atomic Energy Agency conference, makes Saudi Arabia a significant mineral holder and comes at a sensitive time, just months after signing a historic civilian nuclear agreement with the United States.
Saudi Energy Minister Prince Abdulaziz bin Salman revealed a significant discovery at the annual International Atomic Energy Agency conference in Vienna: approximately 110 million tons of ore containing uranium and high concentrations of rare metals in the Al-Madinah region. This discovery positions Saudi Arabia as one of the world's leading mineral resource holders. The timing is critical: in July 2026, the United States and Saudi Arabia signed a historic agreement to cooperate in establishing a civilian nuclear program, aimed at generating electricity through nuclear power plants built by American companies. Until now, Saudi Arabia had to seek uranium sources to operate the plants, and it now appears the material is within its territory. According to reports, the possibility of American companies establishing a uranium processing and enrichment facility is being considered. Saudi and American companies have already partnered to develop methods for separating the valuable metals from the rocks. The minister clarified that searches for additional deposits are ongoing.
On a massive scale: Saudi Arabia found what it was missing for its nuclear program