SIREXE 2024
InvestingNewsNorth Africa

Egypt’s mining sector to get a boost

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of several cooperation agreements within the mining sector on the sidelines of the Egypt Mining Forum.

The agreements included:

  • A Cooperation Protocol was signed between the Egyptian Mining Resources Authority (EMRA), The National Company for Telecommunications Services (NCTS) and Egypt Maintenance Company (EMC) to provide telecommunications solutions for EMRA through Tiba satellite. The agreement signed by the Chairman of EMRA Yasser Ramadan, the Chairman of NCTS Samy Shedied and the Chairman of EMC Khaled Ibrahim.
  • A cooperation Protocol was signed between the Egyptian Company for Mineral Resources, EK Mining Company with the aim to invest in the mining sector by adding value to mineral ores through the establishment of industries related to mineral ores.
  • The MoU was signed by Dr. Hany Mustafa, Chairman of the Egyptian Mineral Resources Company, and Engineer Mustafa Kamel, Executive Director of EK Mining Company.
  • A cooperation protocol between Shalateen Company and the Desert Research Center aims to maximize the benefits of shared expertise between the two parties to implement the local and national development plan for Egypt’s Vision 2030. The protocol was signed by Dr. Sherif El-Shahawy, Chairman of Shalateen Company, and Dr. Hossam Shoukry, from the Desert Research Center.
  • The last protocol was between New Valley Company for Mineral Resources and Oil Clay (Wadico) and Diar Consulting Group and it aimed at providing project management consultations regarding the separation and production of kaolin ore from kaolinite sand. The agreement was signed by the Managing Director of Wadico Amgad Ghoneim and the Director of Diar Company Hany Nabil Osman.

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Staff Writer

The African Mining Market is a source of insightful information on mining & industrial markets, and developments in Africa.
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