The Middle East and North Africa (Mena) will miss out on much of this growth. Its mining market, which is worth just $16bn – with Saudi Arabia accounting for about 38 per cent – is expected to see only a fraction of this growth. “Looking at demand for commodities in general, and for mining specifically, current global production is out of line with demand projections,” says Cyril Widdershoven, global energy market analyst at Netherlands-based Verocy. MEED provides exclusive news, data and analysis on the Middle East every day. For access to MEED’s business intelligence, subscribe hereMEED's July 2022 Agenda on mining and metals also includes:> Mena region joins mineral rush> Gulf sits on trove of energy transition minerals> EGA capitalises on hot metals market

Source: The North Africa Journal June 29, 2022 01:42 UTC