[Jordan Mining] Three int’l firms interested to explore new deposits of potash (Jordan Times – May 12, 2018)

http://jordantimes.com/

AMMAN — The Energy and Mineral Resources Ministry is currently considering financial proposals from three companies interested to carry out an assessment study of the potash reserves in the Lisan Area of the Dead Sea, which falls outside the area where the Arab Potash Company (APC) has exclusive mining rights, a top official announced on Saturday.

Minister Saleh Kharabsheh said in a ministry press statement, carried by the Jordan News Agency, Petra, that the ministry’s next step is to float an international tender to explore potash in the said area.

He explained that that the project is part of the ministry’s strategy to enhance the added value of the Kingdom’s mining sector and boost its contribution to the gross domestic product.

The minister stressed the importance of this step in attracting investments in natural resources, especially since these natural resources have added value that can enhance development opportunities, help the country achieve self-reliance and create more jobs.

In March, Kharabsheh had a firsthand look at progress in the execution of a deal signed with the Jordanian Integrated Company to explore copper in the Dana Reserve with a total investment volume of $600 million.

For the rest of this article: http://jordantimes.com/news/local/three-int%E2%80%99l-firms-interested-explore-new-deposits-potash

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