The Government of Canada has concluded a successful two-day mission to Riyadh, Saudi Arabia, where Claude Guay, Parliamentary Secretary to the Minister of Energy and Natural Resources, represented Canada at the Future
The Government of Canada has concluded a successful two-day mission to Riyadh, Saudi Arabia, where Claude Guay, Parliamentary Secretary to the Minister of Energy and Natural Resources, represented Canada at the Future Minerals Forum. The visit reinforced Canada’s commitment to advancing global critical mineral supply chains and deepening economic ties with Saudi Arabia.
On January 13, 2026, Canada signed a Memorandum of Understanding with Bandar Ibrahim Al-Khorayef, Saudi Arabia’s Minister of Industry and Mineral Resources, to enhance cooperation in the field of mineral resources. This agreement will promote trade and investment across critical mineral value chains, foster knowledge sharing, and support bilateral efforts to secure sustainable supply chains.
As part of the Future Minerals Forum, Guay participated in a panel with Al-Khorayef and emphasized the role Canadian critical minerals can play in advancing Saudi Arabia’s Vision 2030 economic transformation, underlining Canada’s position as a strategic partner and showcasing how Canadian expertise in environmental, social and governance (ESG) standards and advanced technologies can attract global capital.
Guay also took the opportunity to engage in bilateral meetings with leading Saudi mining companies to showcase Canada’s mining expertise and explore opportunities to attract Saudi investment. He highlighted recent mining projects referred to Canada’s
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