Saudi industry minister to discuss potential lithium investments in Chile in July: Report

Chile's government said on June 15 that Saudi Minister of Industry and Mineral Resources, Bandar Alkhorayef, will visit the country in July and plans to meet with his counterpart Aurora Williams.

The Saudi minister will discuss potential investments in lithium, as Chile is the world’s second largest lithium producer, Reuters reported, citing a government source.

In a previous interview with Reuters, Alkhorayef said the Kingdom is interested in sourcing lithium abroad, as it aims to boost investments in the electric vehicle sector.