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Wednesday, 18 January 2023

KSA explores mining regulation ahead of minerals push + Sabic inks agreement for ammonia production tech + UAE, Japan ink several renewables MoUs

Is KSA lining up mining regulation ahead of the minerals push? Saudi Arabia’s Industry and Mineral Resources Ministry recently signed an MoU with the country’s Diriyah Gate Development Authority (DGDA) — a government agency focused on the ecological preservation and cultural development of the Diriyah Gate area north-west of Riyadh — to regulate the country’s mining businesses, Arab News noted on Sunday, citing reports from the Saudi Press Agency. The story is light on details — including specific information about how the two organizations will collaborate — though it notes that they will exchange geophysical and geotechnical data, as part of determining locations to mine materials.

Sabic inks agreement for ammonia production tech: KSA fertilizer company Sabic Agri Nutrients signed an agreement with Icelandic firm Atmonia to use its sustainable ammonia production technology in Saudi Arabia, Bahrain, Kuwait, and Oman, according to a statement. The Icelandic company is developing a nitrogen electrolyzer that will produce ammonia using electricity, atmospheric nitrogen, and water.

Japan, UAE partner on clean energy adoption and decarbonization: The UAE signed several MoUs with Japan to boost the clean energy transition, Wam reports. Agreements inked covered several areas across the renewables and clean energy sector including boosting cooperation on advanced technologies for carbon reduction targets, research and development in ammonia manufacturing, and green hydrogen. The MoUs fall within the framework of a comprehensive economic partnership signed by the two countries in September 2022.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • Regeny and EvGateway are supplying the UAE with 10k EV fast charging stations by 2030. (Statement)
  • Chinese solar components manufacturer JA Solar signed an agreement to supply Amea Power with Deep Blue 3.0 PV panels for Amea’s 560 MW Kom Ombo Abydos solar plant. (Statement)

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