MoU signed to explore copper reserves south of Dead Sea

copper mine
Copper mine. (File photo: Jordan News)
AMMAN — The Ministry of Energy and Mineral Resources signed a memorandum of understanding (MoU) on Tuesday with Metal Bank Limited (MBK) Australia, to conduct explorative studies for copper ores in Wadi al Malaqa region, south of the Dead Sea.اضافة اعلان

The memorandum was signed by the minister of energy and mineral resources, Saleh Al-Kharabsheh, and MBK's representative in Jordan, Lana Hanna Salameh, the Jordan News Agency, Petra, reported.

In a press statement following the signing ceremony, Kharabsheh said they aim to search for copper ores in the Wadi al Malaqa region for a 24-month period and will allow the Australian company to explore and mine for copper on a plot of land spanning over 25km, south of the Dead Sea.

During the contract period, he noted the company will carry out a study to assess ore reserves and then prepare economic feasibility studies.

Previous studies and goals
Kharabsheh said studies previously conducted in the region indicate the existence of "good" concentrations of copper ore.

He also stressed the ministry's endeavor aimed at expanding the extraction of mineral resources, and stimulating investment in several "promising" areas for exploiting mineral ores.

The ministry, since the beginning of 2022, signed 10 memos with several companies in ores of lithium, copper, gold, rare earth elements, and phosphates.


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