(3 Minutes Read)
Yasser Ramadan, Chairman of the Mineral Resources and Mining Industries Authority (MRMIA), held several high-level meetings with international investors on the sidelines of the 4th Egypt Mining Forum, signaling growing global interest in Egypt’s mining sector.
Among the key engagements was a meeting with a delegation from Saudi Arabia’s Al Haytham Mining Company. Discussions focused on strengthening bilateral cooperation and exploring investment opportunities in Egypt’s mining industry. The talks also emphasized the exchange of technical expertise to enhance operational efficiency and add value to raw mineral resources.
Ramadan highlighted that MRMIA’s transition into an economic entity has significantly improved its agility in dealing with investors, providing greater flexibility and streamlined facilitation—a transformation that marks a pivotal advancement in the country’s mining investment environment.
Khalid Al Jahdali, Chairman of Al Haytham Mining, expressed strong interest in expanding the company’s footprint in Egypt. He revealed plans to establish a phosphoric acid production facility as part of the company’s broader regional strategy. This initiative is expected to boost the value chain of natural resources and foster deeper industrial integration.Al Haytham Mining is recognized for its comprehensive mining services, spanning exploration, extraction, and production, with a strong portfolio of strategic projects across Saudi Arabia. The company leverages advanced technologies and skilled personnel to drive operational success.
In another strategic engagement, Ramadan met with representatives from Metso Global, a leading provider of advanced mineral processing technologies. The meeting explored collaboration opportunities in ore processing and concentration systems to better utilize Egypt’s natural resources. Metso presented cutting-edge solutions designed to improve ore concentration efficiency, alongside potential partnerships in technical training and workforce development for Egypt’s mining professionals.
Ramadan also held talks with a delegation from Japan’s Komatsu, one of the world’s foremost manufacturers of heavy machinery for the mining sector. The discussions centered around Komatsu’s interest in entering the Egyptian market and using Egypt as a regional base for their mining operations. Company representatives shared successful project case studies from Jordan and conveyed their ambition to replicate similar achievements in Egypt.
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Ramadan underscored the strategic importance of engaging with leading international firms to advance Egypt’s mining capabilities. He emphasized that such partnerships bring in world-class technologies and enhance the technical proficiency of local talent, ultimately boosting the performance and sustainability of mining operations across the country.
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