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The world will need to increase the production of some types of minerals by 500% to meet the future demand for clean energy, according to Saudi Vice Minister of Industry and Mineral Resources for Mining Affairs Khalid Saleh Al-Mudaifer, during the Mines and Money conference in London.  Saudi Arabia has become one of the most prominent countries in the field of producing phosphate fertilizers, with potential reserves of phosphate amounting to 7.3 billion tons.  The World Bank estimated that there is a need for more than 3 billion tons of minerals and metals.

7.3 Billion Tons of Potential Phosphate Reserves in Saudi Arabia

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The world will need to increase the production of some types of minerals by 500% to meet the future demand for clean energy, according to Saudi Vice Minister of Industry and Mineral Resources for Mining Affairs Khalid Saleh Al-Mudaifer, during the Mines and Money conference in London.  Saudi Arabia has become one of the most prominent countries in the field of producing phosphate fertilizers, with potential reserves of phosphate amounting to 7.3 billion tons.  The World Bank estimated that there is a need for more than 3 billion tons of minerals and metals.

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