Saudi Arabia plans to award more than 30 additional mining exploration licences to foreign investors in 2024
The listing will become active three months after the first warehouse company has been approved in the new location
International investors in Africa are in a race to acquire long-term supplies for critical minerals
The kingdom has been studying setting up the trading platform in the second half of 2023 but a decision is not expected any time soon
Copper fell 1.1 per cent to $7,589 a ton on the London Metal Exchange as of 11.03am in Shanghai, dipping below the $7,597 intraday low on Tuesday
Supply chain disruptions, government stimulus and adverse weather have all contributed to market tightness last year