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Country-Plan Projects and Tenders |
| 7800 Subject |
80 مليون دولار لشركة مشتركة مصرية استرالية للاستفادة من المخزون المعدني بالصحراء الشرقية $ 80 million Egyptian Australian joint venture formed to exploit $ 1.3 billion confirmed reserves of tantalum minerals in the Eastern Desert. |
| Date Published | Tuesday, January 18, 2005 |
| Source Name | Al-Akhbar |
| Location Name | Red Sea |
| Description | Under attendance of Egypt Minister of Petroleum & Mineral Wealth, contract was signed for the establishment of a 50/ 50 $ 80 million Egyptian Australian venture to exploit $ 1.3 billion confirmed reserves of tantalum minerals in the Eastern Desert among others, deemed a scarce mineral worldwide. An American/ Japanese consortium has confirmed its intentions to import all the company output for 5 years as of July 2006, the projected date for production start. |
| Sectors Section |
Beneficiary Sectors - Construction Projects Steel Structure, Possible Prefab - Water & Waste-Water Equipment & Works Earthmoving Equipment - Automotive & Construction Equipment Earthmoving Equipment - Mining Mining |
