Riyadh: President and CEO of the U.S.-Saudi Business Council Charles Hallab affirmed that cooperation between the Kingdom and the U.S. in critical minerals is gaining significant momentum. This growth is fueled by strategic investment opportunities and long-term industrial partnerships aimed at localizing value chains and strengthening global supply chain resilience.
According to Saudi Press Agency, Hallab noted that the interest shown by U.S. companies reflects a practical desire to expand partnerships and explore investment opportunities, including supply arrangements and long-term offtake agreements that support the economic interests of both countries.
Hallab's remarks came following a high-level roundtable organized by the U.S.-Saudi Business Council in Riyadh to discuss critical minerals and industrial supply chains, as part of the Future Minerals Forum 2026.
He pointed out that the roundtable was attended by more than 120 senior officials, decision-makers, and business leaders from both sides. The participants were led by a high-level U.S. government delegation, as well as officials from Saudi and U.S. entities, companies, and industrial leaders.