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The essential perspective on global commodities
Saudi Arabia's economy has historically been dependent on oil exports, but the country is eager to diversify. Mining valuable minerals hidden under its vast deserts could help to reduce its reliance on oil and grow its share in the energy transition. The kingdom is thought to hold significant deposits of key critical and battery metals including copper, nickel, lithium and bauxite
The biofuel movement has gone global. The drive to limit carbon emissions in the environment by 2030 has urged governments and companies to hasten the deployment of sustainable biofuels, while regulatory policies and tax incentives worldwide on biofuel usage are accelerating market demand
Saudi Arabia, the world's largest oil exporter, is embracing changes in an evolving global energy landscape. It is preparing for a future where demand for its key commodity is set to peak and its dominance is challenged by newer sources of energy. State-run Saudi Aramco invited a group of journalists in February to explore one of its most significant and evolving assets: the Khurais oil field. Khurais substations seen in the distance. Photo by Jennifer Gnana