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As competition for natural resources fractures the global order, Saudi Arabia is cementing its position as the centre of gravity for international discussions to accelerate the production of minerals the world needs for clean energy and digital technologies.

Ministers and senior representatives from more than 100 countries gathered in Riyadh this week for the Future Minerals Forum, an annual event that has become a mainstay of the minerals industry’s calendar since its launch in 2022.

Among them were representatives from all G20 countries, which include the US, Canada, China, Germany, France and Russia, as well resource-rich African and Latin American nations, the Saudi government said.

The fast-expanding forum has been a tour de force in helping position oil and mineral-rich Saudi Arabia at the heart of the conversation to step up production of minerals at a time when competition for resources is dominating global politics.

    President Donald Trump has made control over natural resources and access to critical minerals a core tenet of the US’s national security strategy as it seeks to curb China’s dominance over mineral supply chains. In a massive disruption to the global order, Washington has deployed forces to seize Venezuelan oil, both physically from sanctioned tankers and indirectly by deposing its leader, and is making a play to acquire mineral-rich Greenland from fellow NATO-member Denmark.

    “The reality is that we are in the middle of what is happening in the world,” Adel Al-Jubeir, Saudi Arabia’s minister of state for foreign affairs, told the minerals conference.

    “Our objective is not to seek more territory or more people or more minerals,” he said. “Our objective is stability and calm so that we can focus on resources and building a better future.”

    A global decision-shaping platform

    The world’s second-largest oil producer, Saudi Arabia sits on minerals worth an estimated $2.5 trillion – including lithium, rare earths, zinc and copper – all of which are needed to manufacture batteries and other clean energy technologies.

    Under its Vision 2030 development plan, Saudi Arabia has made mining a key pillar for diversifying its economy away from fossil fuels and is investing its oil revenues into becoming a hub for processing and trading minerals.

    “There’s only one [country] – that’s the Kingdom of Saudi Arabia – that has the trust of enough countries to convene at this critical time,” said Scott Brison, vice-chair of BMO Wealth Management, whose banking arm specialises in the metals and mining sector.

    “This [forum], in a very short time, has become the Davos of mining,” he added.

    Like the famed Swiss ski resort, which will host the annual World Economic Forum next week, the Future Minerals Forum has become a must-attend annual event for investors and decision-makers, who seek to broker deals and invest in mineral value chains.

    Saudi Arabia’s minister of industry and mineral resources, Bandar bin Ibrahim Al-Khorayef, described the event as “a global decision-shaping platform” that “influences policies, mobilise[s] investment and build[s] collaboration across the entire mineral value chain”.

    It comes just weeks after Saudi Arabia opposed any discussion of possible binding rules at the UN to limit the environmental harm caused by mining and make supply chains more transparent.

    The cityscape of Riyadh
    A view of the cityscape in Riyadh, Saudi Arabia (Photo: REUTERS/Mohammed Benmansour)

    US pitch for partners

    The forum focused on the challenges of meeting rapidly-rising demand for minerals, driven by the roll-out of clean energy technologies and AI infrastructure, amid funding gaps and political uncertainty.

    Industry leaders agreed that Saudi Arabia’s geographic location, mineral wealth, extensive relations with both the West and China – originally built on fossil fuel exports – and vast amounts of cheap energy make the Kingdom well-placed to become a global minerals processing hub.

    Amid geopolitical tensions, “the Kingdom has the ability to be a neutral processor” and supply the US market, said José Luis Manzano, chairman of private investment group Integra Capital.

    The US and Saudi Arabia have already agreed to co-operate on mineral supply chains, with the US government pledging to finance a new rare earths refinery in the country.

    Earlier this week, Trump signed an executive order calling for “agreements with foreign trading partners” to help reduce US dependence on China.

    Addressing the Riyadh conference, Audrey Robertson, the US assistant secretary for critical minerals and energy innovation, defended President Trump’s approach to securing mineral supplies from resource-rich countries, insisting the US “seeks to have great partnerships where we all bring different things to the table”.

    “There’s no strong-arming, there’s only strategic alliances to better our nations and better the world,” she said. Yet, when it comes to Greenland, she warned: “I would take our president at his word.”

    Riyadh pledges to break with old ways

    Delegates also discussed improving the transparency of mineral supply chains and ensuring that local communities endowed with mineral wealth benefit from their extraction.

    Saudi minister of state for foreign affairs Al-Jubeir said the “old ways” that saw “foreign companies come in, mine, exploit, take all the value outside of the country and leave the host country with nothing but a big hole on its territory” had to change.

    “The new view is we need to invest. We need to keep as much of the value chain as we can in-country so that we produce jobs [and] opportunities, which in turn produce stability, which in turn helps all of us around the world.”

      At the same time, to establish itself as a minerals processing hub, Saudi Arabia is seeking to broker bilateral deals with developing countries, particularly in Africa, to secure access to resources it can refine.

      Several ministers from mineral-rich African nations, including Democratic Republic of the Congo, Zambia, Ghana, Mauritania and Morocco, attended the conference.

      Riyadh is also working with the World Bank on funding opportunities for seven planned infrastructure corridors to accelerate minerals development in Africa and Latin America and help get resources to the market.

      Saudi strategy stirs Africa tensions

      Nonetheless, Nafi Quarshie, Africa director of the Natural Resource Governance Institute, who attended the forum, told Climate Home News there is “tension” between Saudi Arabia’s plan to process minerals and African nations’ ambitions to add value to their resources and reduce exports of raw materials.

      “There’s a kind of a push for Africa to do business with Saudi Arabia,” she said.

      It remains unclear how African governments can ensure that any minerals agreement with Saudi Arabia creates a win-win situation and helps drive investment to refine ores into higher-value products for clean technologies on the continent, she added.

      There were few civil society representatives in the glitzy halls of the King Abdulaziz International Conference Center, while communities impacted by mining projects were not represented.

      Yet, if Saudi Arabia is serious about doing things differently, activists and affected peoples need to be included in the forum to put transparency, human rights and environment protection at the core of the discussions, said Quarshie.

      The post At ‘Davos of mining’, Saudi Arabia shapes new narrative on minerals appeared first on Climate Home News.

      At ‘Davos of mining’, Saudi Arabia shapes new narrative on minerals

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      The governor’s office said the city’s two main reservoirs could dry up by May, much sooner than previous timelines. But authorities still offer no plan for curtailment of water use.

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      Middle East war is another wake-up call for fossil fuel-reliant food systems

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      Lena Luig is the head of the International Agricultural Policy Division at the Heinrich Böll Foundation, a member of the Global Alliance for the Future of Food. Anna Lappé is the Executive Director of the Global Alliance for the Future of Food.

      As toxic clouds loom over Tehran and Beirut from the US and Israel’s bombardment of oil depots and civilian infrastructure in the region’s ongoing war, the world is once again witnessing the not-so-subtle connections between conflict, hunger, food insecurity and the vulnerability of global food systems dependent on fossil fuels, dominated by a few powerful countries and corporations.

      The conflict in Iran is having a huge impact on the world’s fertilizer supply. The Strait of Hormuz is a critical trade route in the region for nearly half of the global supply of urea, the main synthetic fertilizer derived from natural gas through the conversion of ammonia.

      With the Strait impacted by Iran’s blockades, prices of urea have shot up by 35% since the war started, just as planting season starts in many parts of the world, putting millions of farmers and consumers at risk of increasing production costs and food price spikes, resulting in food insecurity, particularly for low-income households. The World Food Programme has projected that an extra 45 million people would be pushed ​into acute hunger because of rises in food, oil and shipping costs, if the war continues until June.

      Pesticides and synthetic fertilizer leave system fragile

      On the face of it, this looks like a supply chain issue, but at the core of this crisis lies a truth about many of our food systems around the world: the instability and injustice in the very design of systems so reliant on these fossil fuel inputs for our food.

      At the Global Alliance, a strategic alliance of philanthropic foundations working to transform food systems, we have been documenting the fossil fuel-food nexus, raising alarm about the fragility of a system propped up by fossil fuels, with 15% of annual fossil fuel use going into food systems, in part because of high-cost, fossil fuel-based inputs like pesticides and synthetic fertilizer. The Heinrich Böll Foundation has also been flagging this threat consistently, most recently in the Pesticide Atlas and Soil Atlas compendia. 

      We’ve seen this before: Russia’s invasion of Ukraine in 2022 sparked global disruptions in fertilizer supply and food price volatility. As the conflict worsened, fertilizer prices spiked – as much from input companies capitalizing on the crisis for speculation as from real cost increases from production and transport – triggering a food price crisis around the world.

        Since then, fertilizer industry profit margins have continued to soar. In 2022, the largest nine fertilizer producers increased their profit margins by more than 35% compared to the year before—when fertilizer prices were already high. As Lena Bassermann and Dr. Gideon Tups underscore in the Heinrich Böll Foundation’s Soil Atlas, the global dependencies of nitrogen fertilizer impacted economies around the world, especially state budgets in already indebted and import-dependent economies, as well as farmers across Africa.

        Learning lessons from the war in Ukraine, many countries invested heavily in renewable energy and/or increased domestic oil production as a way to decrease dependency on foreign fossil fuels. But few took the same approach to reimagining domestic food systems and their food sovereignty.

        Agroecology as an alternative

        There is another way. Governments can adopt policy frameworks to encourage reductions in synthetic fertilizer and pesticide use, especially in regions that currently massively overuse nitrogen fertilizer. At the African Union fertilizer and Soil Health Summit in 2024, African leaders at least agreed that organic fertilizers should be subsidized as well, not only mineral fertilizers, but we can go farther in actively promoting agricultural pathways that reduce fossil fuel dependency. 

        In 2024, the Global Alliance organized dozens of philanthropies to call for a tenfold increase in investments to help farmers transition from fossil fuel dependency towards agroecological approaches that prioritize livelihoods, health, climate, and biodiversity.

        In our research, we detail the huge opportunity to repurpose harmful subsidies currently supporting inputs like synthetic fertilizer and pesticides towards locally-sourced bio-inputs and biofertilizer production. We know this works: There are powerful stories of hope and change from those who have made this transition, despite only receiving a fraction of the financing that industrial agriculture receives, with evidence of benefits from stable incomes and livelihoods to better health and climate outcomes.

        New summit in Colombia seeks to revive stalled UN talks on fossil fuel transition

        Inspiring examples abound: G-BIACK in Kenya is training farmers how to produce their own high-quality compost; start-ups like the Evola Company in Cambodia are producing both nutrient-rich organic fertilizer and protein-rich animal feed with black soldier fly farming; Sabon Sake in Ghana is enriching sugarcane bagasse – usually organic waste – with microbial agents and earthworms to turn it into a rich vermicompost.

        These efforts, grounded in ecosystems and tapping nature for soil fertility and to manage pest pressures, are just some of the countless examples around the world, tapping the skill and knowledge of millions of farmers. On a national and global policy level, the Agroecology Coalition, with 480+ members, including governments, civil society organizations, academic institutions, and philanthropic foundations, is supporting a transition toward agroecology, working with natural systems to produce abundant food, boost biodiversity, and foster community well-being.

        Fertilizer industry spins “clean” products

        We must also inoculate ourselves from the fertilizer industry’s public relations spin, which includes promoting the promise that their products can be produced without heavy reliance on fossil fuels. Despite experts debunking the viability of what the industry has dubbed “green hydrogen” or “green or clean ammonia”, the sector still promotes this narrative, arguing that these are produced with resource-intensive renewable energy or Carbon Capture and Storage (CCS), a costly and unreliable technology for reducing emissions.

        As we mourn this conflict’s senseless destruction and death, including hundreds of children, we also recognize that peace cannot mean a return to business-as-usual. We need to upend the systems that allow the richest and most powerful to have dominion over so much.

        This includes fighting for a food system that is based on genuine sovereignty and justice, free from dependency on fossil fuels, one that honors natural systems and puts power into the hands of communities and food producers themselves.

        The post Middle East war is another wake-up call for fossil fuel-reliant food systems appeared first on Climate Home News.

        Middle East war is another wake-up call for fossil fuel-reliant food systems

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        Parts of the Southern and Northeastern U.S. faced tornado threats this week. Scientists are trying to parse out the climate links in changing tornado activity.

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