The energy minister of Saudi Arabia announced this week his government had discovered a 110-million-ton cache of rare-earth minerals and uranium in Medina, the second-holiest city in Islam, that the country is expected to develop to diversify its energy sector.
\n\nSaudi Energy Minister Prince Abdulaziz bin Salman revealed the discovery on Monday at the annual conference of the International Atomic Energy Agency (IAEA), the United Nations body tasked with nuclear issues. The announcement follows a blockbuster announcement by the White House this year that President Donald Trump had approved an agreement to help Saudi Arabia develop its nuclear energy sector for peaceful purposes, energy and medical uses, as well as a challenging time for Saudi Arabia’s flagship oil sector as Iran and its terrorist proxies disrupt global shipping in the Middle East.
\n\nThe prince announced that his government believes that a variety of rare-earth materials and uranium concentrations make up a 110-million-ton supply found in Medina, according to the Saudi news outlet Al Arabiya. The outlet stated that the energy minister said Saudi Arabia would use these resources to help diversify its economy. Prince Abdulaziz also reportedly used the remarks to assure that Saudi Arabia would comply with international law…
Original source: https://www.breitbart.com/economy/
