PM presides over signing of agreement to establish phosphate washing plant
By JT - Jul 26,2021 - Last updated at Jul 27,2021
Prime Minister and Minister of Defence Bisher Al Khasawneh attends the signing ceremony of an agreement to establish a phosphate washing plant on Monday (Petra photo)
AMMAN () Prime Minister and Minister of Defence Bisher Al Khasawneh on Monday attended the signing ceremony of an agreement to establish a phosphate washing plant.
The Jordan Phosphate Mines Company (JPMC) and Ideal Advanced Manufacturing Company signed the agreement. The total cost of the project is estimated at $85 million and is expected to finish in 23 months, the Jordan News Agency, Petra, reported.
IFFCO inks agreement with JPMC
Ammon News reports Jordan Phosphate Mines Company (JPMC) and IFFCO inked an agreement to sell 2.6 tons of phosphate for a year, as of April 1 until the end of March 2022.
JPMC CEO, Abdel Wahab Alrowwad. says as a result of the agreement, IFFCO will import 2.6 million tonnes of phosphate from Jordan by the close of March 2022.
The IFFCO Group is the largest consumer of phosphates outside Jordan, and one of the strategic partners of the JPMC. JPMC exports to India account for 65 percent of the total export volume of phosphate ore of various kinds.
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