Al-Taqa and Al-Manaseer sign copper mining deal
The Minister of Energy and Mineral Resources in Jordan, Dr. Saleh Khourabsha, and Ziad Manaseer, Chairman of the Board of Directors of the Manaseer Group for Energy, signed an executive agreement to mine copper ores in the areas of Wadi Khalid, Wadi Al-Nahass, Wadi Al-Jariya, and Wadi Al-Mahash in the southern part of the kingdom, covering an area of up to 78 square kilometers. The agreement aims to develop the mining project using underground mining techniques instead of open-pit mining, in order to minimize environmental impact. The deposit is estimated to contain around 45 million tons of ore, equivalent to approximately 500,000 to 600,000 tons of pure copper. Preliminary results indicate copper concentrations ranging between 1.36% and 3.5%. The project is expected to contribute to increasing added value, creating employment opportunities for up to 90% of Jordanian workers, and supporting manufacturing industries and local community development. The group commits to adhering to the highest environmental standards.
Notice: This Is an AI-Generated Summary
Comments (0)