Saudi Gazette report

RIYADH — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan and Minister of Industry and Mineral Resources Bandar Alkhorayef held talks with Peruvian Minister of Foreign Affairs Elmer Schialer and Minister of Energy and Mines Jorge Montero Cornejo in Riyadh on Thursday.

During the meeting, Prince Faisal discussed with the Peruvian ministers relations between the two friendly countries. The two sides reviewed aspects of cooperation in various fields in addition to international issues of mutual interest.

On his part, Alkhorayef’s meeting with the Peruvian ministers focused on enhancing bilateral relations between Saudi Arabia and Peru, particularly in the industrial and mining sectors. Discussions also addressed opportunities in mining exploration and strategic minerals.

The meeting highlighted the Kingdom’s comprehensive mining strategy and the investment opportunities available at each stage of the mining value chain. It further emphasized the importance of strengthening international cooperation in the mining and minerals sector to support industry advancement and ensure sustainability.

The two sides also reviewed the objectives of the National Strategy for Industry, with a focus on promising opportunities in its sub-sectors, notably the food industry. The Kingdom’s enablers and incentives to support investors were also discussed.

Alkhorayef extended an invitation to the two Peruvian ministers to attend the Future Minerals Forum, scheduled to be held in Riyadh in January 2026. The forum serves as a leading global platform bringing together industry leaders to explore the challenges and future prospects of the mining and metals sector.