“The project is in line with the ministry’s strategy to advance the mining sector,” said Karim Badawi, Egypt's minister of petroleum and minerals.
Egypt's economy is showing "robust growth," driven by non-oil sectors, with a 4.4% increase in fiscal year 2024/25, according to the IMF.
Egypt's vast phosphate reserves are estimated at about 1 billion tonnes, crucial for manufacturing fertilisers and chemicals.
The Golden Triangle is an economic zone aimed
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