Egyptian-Indian joint venture to operate raw phosphate factory in Egypt

Getty Images

The factory aims to boost the concentration of raw phosphate to be included in new industries

Staff Writer, Arab Finance

January 28, 2024

PHOTO

Egypt-based El Nasr Mining Company and Al Safy Group have signed a partnership agreement with the Indian fertilizers and raw materials producer Wilson to establish a firm specialized in setting up and operating a raw phosphate production factory in Egypt, as per a statement.

The factory aims to boost the concentration of raw phosphate to be included in new industries.

This project will also promote the fertilizers industry as well as the imports, exports, storage, and scientific research in the field of phosphate enhancement.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.