AMMAN — Minister of Energy and Mineral Resources Saleh Al-Kharabsheh predicted that by 2030, the mining sector's contribution to the economy would increase threefold due to the rich presence of mineral resources in various parts of the Kingdom —a fact that shows the importance of developing Jordan’s governorates,Jo24 reported.
اضافة اعلان
At present, the
mining sector is one of
Jordan’s “most promising sectors”, but development has been confined to
phosphate and potash, Kharabsheh said during an interview on Jordan TV.
At present, the mining sector is one of Jordan’s “most promising sectors”, but development has been confined to phosphate and potash.
“Jordan has untapped riches that must be
exploited,” the
minister said, noting that work in the sector should build on accomplishments
already made this year, as the Kingdom has signed seven memoranda of
understanding to allow companies to mine for minerals — includinggold, copper,
and rare earth elements — and to prepare a geological map for surveys.
The memoranda of understanding range between
12 and 18 months in terms of project duration, and the companies will use
information provided by th
e ministry to submit feasibility studies later on, he
explained.
Investments in the memoranda will be
"excellent" in terms of value, “which will help us in the process of
economic development”, Kharabsheh said.
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