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Separation & concentration heavy minerals from the valley deposits |
Project Name |
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South Sinai (industrial zone) |
Project Location |
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Wade khroum ,Wade El Att – Southern Sinai = 92million tons |
Project Reserve |
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1.classification & exploitation of valley deposits in eastern Wade El Att and its tributaries
2.Production of feldspar of different sizes , Quartz , zircon , Alalimit , Almagnite and silicate minerals
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Project Objective |
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1.Achieve high added value due to the adoption of the project on local natural resources available
2. providing 70 job opportunities
3.Increasing the volume of experts
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Project Description |
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Extraction of feldspar ore, Quartz and some of dark minerals in large quantities (3 million tons per year ) |
Production Capacity |
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One year |
Duration of Implementation |
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25 years |
Project Time scale |
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Almost 20 million pounds |
Total Cost |
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Almost 25 million pounds |
Net Profit |
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The Egyptian Mineral Resources Authority (EMRA) |
Responsible Entity for the Project |
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(EMRA) 50% , partner 50% |
Earning ratio |
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The project will be financed by the joint venture company , which will recover its expenses after the production. By the end of the project the ownership will be transferred to EMRA. |
financing |
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2010 |
Start up date |
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Project proposed for investment |
Current Status |