Free Republic

Key Points * Saudi Arabia last year increased the valuation of its unexploited mineral resources from $1.3 trillion to $2.5 trillion, boosted by the discovery of rare earth elements and metals. * The kingdom on Wednesday announced a new mineral investment project valued at $100 billion, with $20 billion already in the final engineering phase or under construction. * Investment in critical minerals mining and processing must be happening “as fast and furious as possible” in Saudi Arabia, its energy minister said at the Future Minerals Forum in Riyadh. =============================================================================== RIYADH, Saudi Arabia — Saudi Arabia is pushing ahead to...

The climate alarmist cult is in planetary disarray, with their once-unquestionable ‘scientific theories’ and ‘environmental policies’ getting rejected at a rapid pace in many parts of the world. European farmers and Canadian Provincial Premiers and conservatives everywhere in the western world are getting increasingly vocal about the shortcomings of the so-called ‘Green New Deal’. In this context, it’s reassuring to see some measure of pushback from people who have real skin in the game, like Big Oil moguls. The world’s biggest oil producer is the Saudi company Aramco. Its CEO, Amin Nasser, just came out yesterday (18) and said that...