US, Saudi Arabia Agree on Energy & Critical Mineral Deals
The MOU also highlights the intent to collaborate in various fields including petroleum refining and refined products trading, electricity generation technologies and energy storage systems, and artificial intelligence projects to accelerate deployment of energy-driven innovations. The two sides also outlined areas for cooperation on civil nuclear energy, including safety, security, and nonproliferation programs; vocational training and workforce development; U.S. Generation III+ advanced large reactor technologies and small modular reactors; uranium exploration, mining, and milling; and safe and secure nuclear waste disposal. The signings coincided with President Trump’s announcement that he secured a $600 billion investment commitment from Saudi Arabia. US, Saudi Arabia Agree on Energy & Critical Mineral Deals – electrifiED