- MRMIA Chairman met global firms to attract mining investments during the Egypt Mining Forum.
- Al Haytham Mining plans a phosphoric acid plant to boost resource value and industrial integration.
- Metso and Komatsu explored tech collaboration and skill development in mining operations.
Yasser Ramadan, the Chairman of the Mineral Resources and Mining Industries Authority (MRMIA), conducted several meetings with global investors interested in investing in Egypt's mining industry. The discussions occurred alongside the 4th edition of the Egypt Mining Forum.
Ramadan welcomed a delegation from the Saudi Al Haytham Mining Company. The meeting featured discussions on methods to improve collaborative efforts and examine the investment prospects presented by the Egyptian mining industry. Both parties also explored methods for sharing technical knowledge to enhance the efficiency of mining activities and derive additional benefits from mineral resources.
In the meeting, Ramadan highlighted that converting the MRMIA into an economic entity allows it to engage more flexibly with investors and offer them essential services, marking a significant improvement in the mining investment environment.
Khalid Al Jahdali, Chairman of Al Haytham Mining Company, indicated his company's desire to broaden its activities in the Egyptian market. He emphasized that the firm intends to set up a phosphoric acid manufacturing facility as an element of its growth strategy in the area. This initiative will help increase the value of natural resources and promote industrial integration within the sector.
Al Haytham Mining company excels in delivering comprehensive services within the mining sector, beginning from exploration and prospecting phases, advancing through production, and extending to manufacturing. The firm has a demonstrated history of success in executing strategic initiatives in the Kingdom of Saudi Arabia, utilizing its skilled workforce and the advanced technologies it incorporates in its operations.
Ramadan also held discussions with a delegation from Metso Global Company, a leading worldwide provider of innovative solutions and technologies in mineral ore processing and concentration.
The meeting focused on technical collaboration possibilities between both parties, especially regarding ore processing and concentration systems, to enhance the use of natural resources. In the meeting, Metso provided a comprehensive summary of its newest solutions and technologies designed to enhance the concentration of mineral ores.
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The two parties also explored possibilities for future collaboration in technical training and skills development for workers in the mining industry, along with initiatives focused on the more efficient and sustainable utilization of mineral resources.
Ramadan also encountered representatives from the Japanese firm Komatsu, a top global producer of heavy machinery and equipment utilized in the mining industry. Komatsu has significant expertise and a broad presence in global markets, particularly in the Middle East area.
In the meeting, Ramadan highlighted the necessity of inviting significant international firms to improve Egypt’s mining sector capabilities. He emphasized that global collaborations aid in the adoption of advanced technologies and the enhancement of technical personnel, leading to improved operational efficiency and the advancement of mining activities.