Davos | Saudi Arabia is actively courting Australian miners and mining service companies as it tries to kickstart a $100 billion-a-year industry almost from scratch.
The government has just this month doubled its estimate of the country’s mineral wealth to $US2.5 trillion ($3.8 trillion), and wants to attract $US200 billion of investment by the end of the decade.
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com