Yasser Ramadan, Chairman of the Mineral Resources and Mining Industries Authority (MRMIA), held a number of meetings with international investors showing interest in investing in the Egyptian mining sector. The meetings took place on the sidelines of the 4th edition of the Egypt Mining Forum.
Ramadan received a delegation from the Saudi Al Haytham Mining Company. The meeting witnessed discussions on ways to enhance joint cooperation and review the investment opportunities offered by the Egyptian mining sector. The two sides also discussed ways to exchange technical expertise to contribute to raising the efficiency of mining operations and achieving added value from mineral raw materials.
During the meeting, Ramadan pointed out that the transformation of the MRMIA into an economic entity grants it flexibility in interacting with investors and in providing them with the necessary facilities, which represents a qualitative leap in the mining investment climate.
Khalid Al Jahdali, Chairman of Al Haytham Mining Company, expressed his company’s interest in expanding its operations in the Egyptian market. He stressed that the company plans to establish a phosphoric acid production plant as part of its expansion plan in the region. This project will contribute to enhancing the added value of natural resources and support industrial integration in the sector.
Al Haytham Mining company is a leader in providing integrated services in the mining industry, starting with the exploration and prospecting stages, through production, to manufacturing. The company has a proven track record of achievements in implementing strategic projects within the Kingdom of Saudi Arabia, leveraging its qualified personnel and the modern technologies it adopts in its operations.
Ramadan further met with a delegation from Metso Global Company, a prominent global provider of advanced solutions and technologies in the fields of mineral ore processing and concentration.
The meeting discussed opportunities for technical cooperation between the two sides, particularly concerning ore processing and concentration systems, to maximize the utilization of natural resources. During the meeting, Metso presented a detailed overview of its latest solutions and technologies, which help increase the concentration of mineral ores.
The two sides also discussed avenues for future cooperation in areas of technical training and capacity building for workers in the mining sector, in addition to projects aimed at exploiting mineral resources in more efficient and sustainable ways.
Ramadan also met a delegation from the Japanese company Komatsu, one of the world’s leading manufacturers of heavy equipment and machinery used in the mining sector. Komatsu possesses strong experience and a wide presence in international markets, especially in the Middle East region.
During the meeting, Ramadan emphasized the importance of openness to major international companies to enhance the capabilities of Egypt’s mining sector. He noted that international partnerships contribute to introducing advanced technologies and refining technical cadres, which helps improve performance efficiency and develop mining operations.
For their part, Komatsu representatives expressed their interest in the investment opportunities available in the Egyptian mining market, indicating their desire to expand their operations in Egypt and make it a regional hub for their mining activities. The delegation also showcased examples of prominent successful projects the company has implemented in Jordan, affirming their aspiration to replicate those successes in Egypt.
