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Egypt and Finnish firm Metsu sign mineral deal
The Egyptian Ministry of Industry and the Finnish mining company Metsu signed a memorandum of understanding aimed at supporting mineral processing and extraction in Egypt, particularly for iron ore and phosphate. The agreement includes providing support in research, laboratory analyses, feasibility studies, and engineering consulting, along with transferring expertise to develop the utilization of mining resources and increase value addition. This step is part of efforts to strengthen the mining industrial sector and achieve economic development through attracting new investments and maximizing the benefits of Egyptian mineral wealth. The discussions also focused on enhancing future cooperation and expanding the scope of work, with an invitation for a visit to Metsu in Finland to observe the technology used.
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