Egypt Aims to Develop Mining Sector, an Industrial Info Market Brief

Egypt, a country that holds vast untapped mineral potential, not only in gold, but across all precious, base and industrial minerals, is focusing on developing its exploration and mining sector. Apart from local established players such as Egyptian Black Sand Company and Egyptian Minerals Resources Authority, other foreign players such as Thani Startex and Aton Resources have shown their willingness to invest and participate to the country. Egypt is targeting approximately $700 million in new investments in the mining and energy sectors by 2030. Industrial Info Resources is tracking 11 mining projects in Egypt worth $2.39 billion. Click here for a list of projects.