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22/11/2024
Mining News

Cassius Mining Ltd forms joint venture with Segia Gulf Group to explore critical minerals in Saudi Arabia

Cassius Mining Ltd has announced a joint venture with Segia Gulf Group to explore critical minerals in Saudi Arabia, marking a significant step towards unlocking the Kingdom’s under-explored resources. This partnership aligns with Saudi Arabia’s Vision 2030 initiative, which aims to diversify the country’s economy.

As a registered foreign entity, Cassius is well-positioned to participate in future exploration tender rounds. Initially, the collaboration will focus on gold exploration, with both companies keen to secure new licenses in the upcoming tender round. This venture represents a strategic move to capitalize on the growing demand for critical minerals in a rapidly changing global market.

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