LBCI

UK to sign crucial minerals partnership with Saudi Arabia

World News

14-01-2025 | 01:46

Share

Share

UK to sign crucial minerals partnership with Saudi Arabia

Britain will sign a minerals cooperation partnership with Saudi Arabia that could help strengthen supply chains, create opportunities for British businesses and attract investment into the UK, the British government said on Tuesday.

Britain needs a secure, long-term supply of critical minerals, such as copper, lithium and nickel, which are used to make smartphones and electric cars, but are also vital to build data centers that help develop artificial intelligence systems.

On its part, Saudi Arabia, which estimates the value of its untapped mineral resources at $2.5 trillion, is aiming to become a major global hub for critical minerals trade.

For Britain, the deal will form part of a broader industrial strategy that it says will be key to both national security and its objective to boost economic growth and create jobs.

The partnership also comes as British and Gulf Cooperation Council (GCC) negotiators continue talks this week about a free trade agreement.

Reuters

World News

Middle East News

Britain

Saudi Arabia

UK

Next

Trump says will meet 'very quickly' with Putin

Impeachment trial of South Korean President Yoon begins

Previous

Recommended For You

Israel, France share 'goal' of preventing Iran from acquiring nuclear weapons: Israeli FM

04:33

Israel, France share 'goal' of preventing Iran from acquiring nuclear weapons: Israeli FM

Hungary says to withdraw from International Criminal Court

04:24

Hungary says to withdraw from International Criminal Court

Trump's tariffs: List of global responses and countermeasures

03:18

Trump's tariffs: List of global responses and countermeasures

UK says in 'relatively better position" than EU on tariffs

02:45

UK says in 'relatively better position" than EU on tariffs

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Lebanon's Public Works Minister: Beirut Airport remains well-secured

2025-04-01

Lebanon's Public Works Minister: Beirut Airport remains well-secured

Who is Karim Souaid? Lebanon’s new central bank governor with major financial challenges ahead

News Bulletin Reports

2025-03-27

Who is Karim Souaid? Lebanon’s new central bank governor with major financial challenges ahead

Lebanon's finance minister submits draft decree on banking sector reform to Cabinet

Lebanon Economy

11:24

Lebanon's finance minister submits draft decree on banking sector reform to Cabinet

Syria local government says Israeli bombardment kills nine civilians

Middle East News

01:45

Syria local government says Israeli bombardment kills nine civilians

Videos

LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light

2025-03-23

LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light

Israeli official urges international support for Lebanese government and army

Middle East News

2025-03-19

Israeli official urges international support for Lebanese government and army

Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral

2025-02-23

Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral

Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)

2025-02-23

Coffins of Sayyed Hassan Nasrallah and Hashem Safieddine enter Sports City Stadium (Video)

Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)

2025-02-23

Tens of thousands gather at Sports City Stadium for farewell to Hezbollah’s former leader Nasrallah (Video)

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

2025-02-14

Ahmad Hariri to LBCI: Future Movement returns to political arena to participate in all upcoming political events

Saad Hariri holds series of diplomatic and religious meetings in Beirut

2025-02-13

Saad Hariri holds series of diplomatic and religious meetings in Beirut

LBCI monitors removal of barriers and barbed wire in Downtown Beirut

2025-02-13

LBCI monitors removal of barriers and barbed wire in Downtown Beirut

Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)

2025-02-10

Armed robbery in Beirut's Hamra turns deadly as shop owner shoots fleeing robbers (Video)

Most read

24 hours

7 days

Month

Rocket attacks from Lebanon’s south—US wants answers: What’s the latest?

1

Rocket attacks from Lebanon’s south—US wants answers: What’s the latest?

Could a 'massive city' lie beneath Egypt’s pyramids? New findings raise questions

2

Could a 'massive city' lie beneath Egypt’s pyramids? New findings raise questions

Apple credits Lebanese researcher for uncovering major iOS security flaw

3

Apple credits Lebanese researcher for uncovering major iOS security flaw

Diplomatic pressure builds on Lebanon to set Hezbollah disarmament timeline, sources tell LBCI

4

Diplomatic pressure builds on Lebanon to set Hezbollah disarmament timeline, sources tell LBCI

Will Beirut's municipal elections break tradition? Here’s what we know

5

Will Beirut's municipal elections break tradition? Here’s what we know

Lebanon's $250 million war debris loan delayed pending Council for Development and Reconstruction appointments, sources tell LBCI

6

Lebanon's $250 million war debris loan delayed pending Council for Development and Reconstruction appointments, sources tell LBCI

Israeli army conducts sweeping operation near Meiss El Jabal, South Lebanon: NNA

7

Israeli army conducts sweeping operation near Meiss El Jabal, South Lebanon: NNA

Lebanon's finance minister submits draft decree on banking sector reform to Cabinet

8

Lebanon's finance minister submits draft decree on banking sector reform to Cabinet

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More