Meanwhile , Pre Indaba - IVN keeps talking about Saudi .... Meanwhile, Saudi Arabia "is a neutral player with a big wallet," and together with the UAE "could potentially be a source of funding for Africa," Ivanhoe CEO Marna Cloete told Reuters. China's Zijin Mining has a 39.6% stake in Ivanhoe's Kamoa-Kakula copper mine.
Ivanhoe, founded by billionaire Robert Friedland, said in December investors interested in helping advance its Western Foreland project range from "major international corporations to sovereign wealth funds".
Saudi Arabia's mining company Ma'aden last year formed a joint venture with Ivanhoe Electric for mining projects in Saudi. It also created a fund set to source iron ore, lithium, copper and nickel abroad.