Egypt is rich in phosphate reserves, and the operating conditions of mining companies have improved slightly
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- Time of issue:2020-04-22 18:41
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Egypt is rich in phosphate reserves, and the operating conditions of mining companies have improved slightly
(Summary description)Abu Tartour in Egypt ’s New River Valley Province has the world ’s second-largest phosphate mine, with proven reserves of 700 million tons and estimated total reserves of approximately 100 billion tons. Mamdouh Ati, the mine ’s director of mines, said that Abu Tartour ’s phosphate reserves are abundant and that if used properly, it will promote economic development in Egypt. The total area of the mining area is about 1200 square kilometers, and the current mining area of the Egyptian Phosphate Company is only 122 square kilometers. It is estimated that for every 100 million tons of phosphate, a profit of 33 million US dollars can be made.
- Categories:Industry News
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- Time of issue:2020-04-22 18:41
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