18 Hrs
Source:
زاد الاردن
Nahas Abu Khashība Reports Strong Ore Reserves for Jordan
The Head of the Jordanian House of Representatives' Energy Committee, Ayman Abu Heneh, confirmed that the results of the copper exploration project in the Abu Khshiba area in the south of the country are promising, with ongoing progress and the company's commitment to implementing the designated program. The Wadi Araba Minerals Company estimates copper reserves at approximately 20.9 million tons with a concentration of 0.38%, while an independent resource assessment estimates around 9.4 million tons at a concentration of 0.50%. The government anticipates profits ranging from 48% to 50%, and plans to eliminate the export of raw copper to boost local manufacturing. The project includes a work plan extending over about two years, involving the drilling of more than 120 wells and developing a pilot factory for extraction tests, with the aim of adding value to the industry and the national economy.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)