Article

Cove Capital LLC and AHQ have signed a Memorandum of Understanding to advance cooperation on critical minerals. This agreement will create a framework for collaboration to identify and develop mining projects aimed at strengthening supply chains between the U.S. and Saudi Arabia.

The partnership will assess upstream and midstream assets and establish a critical minerals investment fund. It aligns with Saudi Vision 2030 goals and U.S. strategies for enhancing critical mineral supply chains. A Joint Steering Committee will oversee project coordination and opportunities, with financing from both Saudi and U.S. sources.