Business
Orion Resource Partners and SNB Capital announce a strategic partnership to support Saudi Arabia's mining industry and increase access to critical commodities for the Kingdom
Orion Resource Partners LP ("Orion"), a leading global investment firm specializing in mining and metals, and SNB Capital Company (¨SNB Capital"), Saudi Arabia's leading capital market institution and a subsidiary of the Saudi National Bank, announced today that they have entered into a strategic partnership to support the development of the Kingdom's mining and metals industry.
About this update from Saudi National Bank
[{"type":"text","content":"RIYADH, Saudi Arabia, Jan. 13, 2026 /PRNewswire/ -- Orion Resource Partners LP ("Orion"), a leading global investment firm specializing in mining and metals, and SNB Capital Company (¨SNB Capital"), Saudi Arabia's leading capital market institution and a subsidiary of the Saudi National Bank, announced today that they have entered into a strategic partnership to support the development of the Kingdom's mining and metals industry.","length":456,"tagName":"p"},{"type":"image","alt":"SNB Capital Logo","displaySize":"","headline":null,"caption":"SNB Capital Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":209,"url":"https://media.zenfs.com/en/prnewswire.com/917c19eb589b22a5d9e69f248ca2dac2"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vaLVOn0zuuwpdI_RW7C7nA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM2ODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/917c19eb589b22a5d9e69f248ca2dac2","width":400,"height":209}},"href":"https://mma.prnewswire.com/media/2859905/SNB_Capital_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"This partnership, the first of its kind in the mining sector in the Kingdom, aligns with Saudi Arabia's Vision 2030 strategy, which provides a powerful catalyst for national support of the mining sector, energy transition initiatives, and the growing demand for commodities, in particular, critical minerals required to meet expanding industrial and infrastructure needs.","length":375,"tagName":"p"},{"type":"text","content":"The partnership will aim to leverage Orion's deep technical, financial, and operational expertise across the global metals and mining value chain, with SNB Capital's strong local market presence and institutional capabilities. Working together, Orion and SNB Capital will seek to identify and support mining and midstream projects within the Kingdom, with a particular focus on opportunities that have the potential to advance into near-term production. The proposed investment strategy will be in projects that support the development of secure, diversified, and resilient critical minerals supply chains. The financial commitments of both parties are not disclosed.","length":675,"tagName":"p"},{"type":"text","content":"Abdulrahman Almashal, Chief of Staff, SNB Capital, said:","length":56,"tagName":"p...