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Egyptian Phosphate Projects Seek Value
The Mineral Resources Authority in Egypt is working on implementing projects to exploit phosphate ores with the aim of increasing the added value of local raw materials through the production of phosphoric acid, phosphate fertilizers, and the extraction of rare elements through long-term investor partnerships. The state also adopts a manufacturing policy instead of exporting raw ores by launching projects to convert kaolin into products such as "china clay" and fertilizers, thereby enhancing economic value, transferring technology, and supporting employment and community development. These initiatives include the signing of approximately 10 protocols and memoranda of understanding with both domestic and international companies to carry out these projects in the Red Sea and New Valley regions.
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