Chile’s government announced on Saturday that Saudi Arabia’s Mining Minister will visit the country in July and plans to meet with his Chilean counterpart in Santiago.
In March, Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef expressed the kingdom’s interest in sourcing lithium abroad to support its entry into the electric vehicle sector.
“He will indeed be in Chile in July and has requested a meeting with the minister. However, the date is not yet set,” the Chilean ministry confirmed in an email to Reuters.
A government source had informed Reuters on Thursday about the planned visit, indicating that the two officials would discuss potential investments in lithium.
Chile is the world’s second-largest producer of lithium, a crucial material for manufacturing the batteries used in electric vehicles.
