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New $658M phosphoric acid plant planned
Engineer Kareem Badawi, Minister of Petroleum and Mineral Resources, along with the New Valley Governorate, laid the foundation stone for an industrial complex dedicated to the production of phosphoric acid from Egyptian phosphate ore in the Abu Tartour plateau. The project investment amounts to $658 million. The aim of the project is to enhance the added value of Egyptian mineral resources and to transform raw materials into products with high economic returns.
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