The Egyptian Mineral Resources Company” is a pioneer in mineral resource exploitation in the land of the Pharaohs, and “El Molla” praises the company’s performance
A successful government model for sustainable development and exploitation of natural resources
Engineer Tarek El Molla, the Minister of Petroleum and Mineral Resources, praised the performance of the Egyptian Mineral Resources Company, a pioneer in mineral resource exploitation, under the leadership of Dr. Hani Mustafa, the geologist and Chairman of the Board. This came during the Egypt Mining Forum, which concluded its activities yesterday evening, Wednesday, in the presence of energy and mining ministers from various Arab and African countries, as well as representatives of major international mining companies
The Egyptian Company for Mineral Resources (ECMR), a subsidiary of the Egyptian Mineral Resources Authority (EMRA), is one of the leading government companies in the field of mineral resource exploitation in the Arab Republic of Egypt
Established in 2003, the company aims to develop and manage mineral resources in Egypt, promote investment in this vital sector, and explore, exploit, produce, and market ores within Egypt and internationally to contribute to economic growth. ECMR is a cornerstone of the mining sector and an economic arm of the Egyptian Mineral Resources Authority (EMRA). It holds a 7% stake in Shalateen Mineral Resources Company, a 2% stake in the Egyptian Black Sands Company, a 15% stake in Alamein for Silicon Products, and a 61% stake in Quartz Misr Company
Under the leadership of Dr. Hany Mustafa, a prominent geologist serving as the Chairman of the Board, the company operates within a vast system of companies, some affiliated with the Ministry of Petroleum and Mineral Resources, and others falling under the public sector, including Nasr Mining Company, Phosphate Misr Company, and Al Wadi Al Gadid Company for Mineral Resources & Oil Shale
The Egyptian Company for Mineral Resources (ECMR) plays a vital role in achieving sustainable development and effectively utilizing natural resources in Egypt. Egypt is rich in diverse mineral resources, such as gold, phosphate, talc, feldspar, kaolin, glass sands, limestone, granite, and more. The company responsibly and efficiently exploits some of these resources in terms of technology, environment, and economy
The company provides integrated services, including exploration, assessment, extraction, and mineral processing to make them marketable. It also works on mine development and improvement. Moreover, the company manages mining projects and attracts national and foreign investments in the mining sector by offering attractive investment opportunities and facilitating administrative procedures, such as collaborating with El Sharq El Haqiqi Saudi Company in manganese oxide ore production in Abu Shaar mine at Hurghada
ECMR is actively seeking further investments and strategic partnerships to enhance its capacity in developing mining projects and increasing production. The company is a model and an example of successful government companies that contribute to the development of the mining sector in Egypt. It participates in emerging and new mining investments, such as contributing to Shalateen Mineral Resources Company, the Egyptian Black Sands Company, Quartz Misr Company, and recently, Alamein for Silicon Products. These ventures are vital national and strategic projects in the petroleum and mineral resources sector, aiming to optimize the economic benefit from natural and mining resources, like raw quartz, by establishing new industries through national investments rather than exporting these resources in their raw form. This approach enhances the added value and economic returns of these resources to the Egyptian economy
Additionally, the company is currently working on producing metal ores such as lead and zinc ore in Um Gheig area, as well as coordinating with the Egyptian Mineral Resources Authority (EMRA) to participate in gold ore production
:Company Activities
.Promoting domestic and international investments in mining resources
.Production, manufacturing, marketing, sales, and export of mining ores
.Contribution and participation with public, private entities, or individuals in establishing joint ventures
.Preparation of feasibility studies for mining projects