Karim Badawi, Minister of Petroleum and Mineral Resources, met with Ahmed El Sewedy, CEO and Managing Director of Elsewedy Electric Group, to review the final implementation plans for the phosphate industries complex in Ain Sokhna, describing the project as a key step toward expanding value-added mining industries in Egypt.

Indorama and Misr Phosphate have signed an agreement to establish a new phosphate fertilizer plant in the Suez Canal Economic Zone (SCZONE).

The General Authority for Investment and Free Zones (GAFI) is moving forward with procedures to establish a high-concentration phosphate production project with investments of $40 million in the Qift Public Free Zone in Qena.

Egyptian Company for Mineral Resources (ECMR) and Ferchem Masr for Fertilizers and Chemicals (FERC) have inked a framework agreement to establish joint phosphate manufacturing projects, the Egyptian Ministry of Petroleum and Mineral Resources stated on October 7th.

Minister of Petroleum and Mineral Resources Karim Badawi met with Mostafa El Gabaly, CEO of Polyserve Group for Fertilizers and Chemicals, to review the company’s plan for an integrated project to extract and exploit phosphate.

The Egyptian Mineral Resources Authority (EMRA) has signed a memorandum of understanding (MoU) with Elsewedy Capital to explore, extract, and process phosphate ore in the Sebaia mines in the Nile Valley region.

Egypt-based El Nasr Mining Company and Al Safy Group have signed a partnership agreement with the Indian fertilizers and raw materials producer Wilson to establish a firm specialized in setting up and operating a raw phosphate production factory in Egypt.