AMMAN — The Ministry of Energy and Mineral Resources has
unveiled a series of projects aimed at reinvigorating Jordan's mining sector.
The initiatives include gold exploration in Jabal Mubarak and lithium
exploration in the Feynan area, marking a significant step forward in the
implementation of the National Mining Program.
اضافة اعلان
Hala News reported that the ministry has successfully
launched three exploration projects for rare earth elements, boasting an estimated
initial reserve of 5 million tonnes.
This accomplishment was realized through the signing of a
memorandum of understanding with the "New Environmental Elements
Company" on January 12, 2022.
The agreement entails the exploration of ore in the southern
region of the Kingdom, covering an expansive land area of 2,400sq.km. for a
duration of 10 years.
Expansion of exploration efforts to zinc and lead ores
In a continued effort to expand their geological survey
endeavors, the Ministry of Energy has initiated projects for the exploration of
various ores, including zinc and lead.
Notably, ongoing geochemical survey activities in the Samrat
Tayyibah area of Wadi Araba have shown promise in identifying potential zinc
and lead elements.
Growing Momentum: Nine memorandums of understanding signed
Over the course of the past year, the ministry has signed a
total of nine memorandums of understanding for the exploration of copper, gold,
lithium, phosphate, and rare earth elements.
These agreements reflect a concerted effort to attract
domestic and foreign investments, with the aim of strengthening the mining
sector's contribution to the country's GDP. It is anticipated that the number
of exploration areas will reach 15 by the end of the current year, further bolstering
Jordan's mining potential.
In collaboration with the renowned international company
Mackenzie Investments the Ministry of Energy is in the process of
developing a strategic plan for the mining sector.
The plan seeks to enhance the value added to the industry,
amplify its overall contribution to the national economy, and attract both
domestic and foreign investments to further propel the sector's growth.
Read more National news
Jordan News
.jpg)
.jpg)
