Al-Sabeel: New mining investment support mechanisms
The Cabinet of Jordan has agreed to approve the draft amended Law of Natural Resources for the year 2026, aimed at enhancing the investment environment in the mining sector. The law seeks to attract investments in oil, natural gas, oil shale, and critical minerals by providing guarantees and production-sharing agreements in mining and extraction projects, along with streamlining procedures for designating lands for these projects. The law also includes the regulation of the tasks of the Ministry of Energy and Mineral Resources and the Energy and Mineral Regulatory Commission, as well as the establishment of a Support Fund for Exploration and Community Development to finance discovery and development projects. The overall goal is to strengthen the sector, create job opportunities, and foster the development of host communities.
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