Hexagon highlights Saudi Arabia’s ambition to become a global minerals powerhouse

 

Hexagon is expanding academic partnerships with King Saud University (KSU) and King Fahd University of Petroleum and Minerals (KFUPM)

Hexagon identifies Saudi Vision 2030 as a transformative opportunity for global mining

Global mining technology company Hexagon (STO: HEXA-B) has identified Saudi Arabia’s Vision 2030 and the Kingdom’s ambition to become a “minerals superpower” as a transformative opportunity for the global mining sector.

Speaking on the sidelines of the Future Minerals Forum (FMF) in Riyadh, Dave Goddard, President of Hexagon’s Mining Division, described the current landscape as one of significant potential, particularly as Saudi Arabia accelerates efforts to diversify its economy beyond oil.

Hexagon delivers technology solutions that help mining companies optimise the net present value of their assets while improving operational efficiency and enhancing day-to-day worker safety. Its portfolio spans autonomous systems, productivity solutions and digital reality technologies.

Digital reality, Goddard explained, forms the foundation of modern mine planning. “It’s a model of what the geology is believed to be, and Hexagon provides a time sequence to deliver optimal extraction and sequencing activities in order to maximise return on investment,” he said.

 

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With an established presence in the Kingdom, Hexagon sees long-term opportunity in Saudi Arabia’s mining ambitions. “We’re boots on the ground here in Saudi Arabia. We believe in the region, we believe in the Kingdom, and in its ability to transform itself into a mineral superpower. That’s why we’re here—we believe wholeheartedly in Vision 2030,” Goddard added.

Strengthening education and workforce development

At FMF, Hexagon and Saudi state-owned miner Ma’aden announced a deeper strategic partnership aimed at strengthening mining education and workforce development across the Middle East. The collaboration builds on a landmark agreement that delivered the region’s first digital mine at Mansourah-Massarah.

The two companies signed a memorandum of understanding focused on developing the next generation of mining professionals, with a key pillar being a partnership with King Abdulaziz University (KAU). Supported by national leadership, the initiative aims to modernise mining curricula, integrate advanced digital technologies and create clear pathways into modern mining careers.

Students will gain access to industry-leading tools, hands-on training and enhanced professional development opportunities. The programme coincides with the enrolment of the first cohort of female mining students at KAU—a milestone for Saudi Arabia’s mining sector and a signal of the Kingdom’s commitment to inclusivity and talent development.

Beyond KAU, Hexagon is expanding academic partnerships with King Saud University (KSU) and King Fahd University of Petroleum and Minerals (KFUPM). These collaborations include software licences, training programmes for faculty and students, and internship opportunities for high-performing students at Hexagon’s new Riyadh office.

 

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According to Goddard, the agreement with KAU is designed to provide students with essential tools, including laptops, alongside internship opportunities that help build the ecosystem required to support Vision 2030. “If mining is to have a future, it needs future miners. We’re willing to invest in that next generation to ensure the industry remains sustainable,” he said.

Hexagon is currently expanding its footprint in the Kingdom, with plans to secure office space and grow its local workforce.

Leadership and global focus

Goddard was appointed Executive Vice President, Mining, within Hexagon’s Autonomous Solutions division in October 2024, after serving as Acting President earlier that year. His tenure has focused on identifying opportunities for operational efficiency and advancing a data-first strategy that unifies information across mining workflows.

Previously serving as Chief Product Officer, Goddard oversaw several industry milestones, including the deployment of the world’s first underground operator alertness system and the launch of the Middle East’s first digital mine.

 

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Hexagon is a global leader in digital reality solutions, combining sensors, software and autonomous technologies to drive efficiency, productivity, quality and safety across multiple industries. The company employs approximately 25,000 people across 50 countries and reported net sales of €5.4 billion.

The Future Minerals Forum, organised by Saudi Arabia’s Ministry of Industry and Mineral Resources, was held from January 13–15, 2026, at the King Abdulaziz International Conference Centre in Riyadh. Mining.com.au attended the event as an official media partner.

Source: mining.com.au

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