SGS announced a joint venture agreement with Golden Compass, one of Saudi Arabia’s largest exploration and mining consultancy and service providers, to open and operate a new geochemistry laboratory in Saudi Arabia.
This lab will provide sample preparation and geochemistry analysis to the mining and minerals industry in the country.
Saudi Arabia is committed to the development of the mining and minerals industry, as part of its Vision 2030. The country is home to a largely unexplored landmass, with geological resources estimated to exceed USD 2.5 trillion.
More than 48 minerals have been identified, including base metals, precious metals, industrial metals and rare earth elements.
The new commercial laboratory will support the country's growing mining ambitions and ensure that local explorers and mining operators have access to world-class testing services.
