6 Information on the license agreement for the exploitation of phosphate ore with a net
The agreement to license the exploitation of phosphate ore in Abu Tartour Plateau in the Western Desert is the cornerstone in the development of industrialization and production projects in the New Valley region. The new phosphoric acid production project is based on the availability of phosphate ore with a production capacity of about one million tons annually. Industry in their application to the principle of integration between mining and processing.
The following is the most important information about the license agreement for the exploitation of phosphate ore in the Aputuror Plateau:
1 – licenses for the exploitation of phosphate on an area of 220 square kilometers.
2- Contributes to the development of the governorates of southern Egypt in light of the transformation in the method of production to surface astrology and coordination between the ministries of petroleum and public business in forming a unified entity for the pricing of Egyptian phosphate and opportunities to increase Egypt's share in the global phosphate market.
3 – Project of phosphate production from the plateau Apotror is planned to achieve the economic and social dimension expected of it.
4 – The project is fully supported by the Ministry of Petroleum and Mineral Resources, and is supported by the full welcome of the executive leaders and the people and people of the New Valley.
5 – This agreement is the main source for obtaining the phosphate ore on which the plant produces phosphoric acid in the New Valley.
5. Phosphate ore is a basic and strategic commodity in the mining sector. Egypt's phosphate phosphate needs are limited to available reserves.
6 – The trend to export phosphate ore abroad, especially with the availability of huge reserves of it in many areas, whether in the Nile Valley or the Upper Plateau or the Red Sea.
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