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ToggleEgypt is accelerating its mining sector reforms, unveiling a plan to boost GDP contribution and strengthen North Africa’s role in global mineral development.
At African Mining Week 2025, the government will present its investor-friendly framework, aimed at linking international partners with lucrative opportunities in the country’s mineral value chain.
Introduction
Egypt is implementing a mining sector strategy that targets increasing the industry’s share of GDP to 6% by 2030. This plan, to be highlighted at African Mining Week 2025 in Cape Town, emphasizes exploration, local beneficiation, and global partnerships. The move reflects North Africa’s growing importance in the global resource economy.
Intensifying Exploration and Production
The Ministry of Petroleum and Mineral Resources is scaling up exploration through cooperation with international firms. Partnerships with AngloGold Ashanti, Nubia Mines Company, and Aton Resources aim to expand gold reserves, targeting 800,000 ounces of annual production by 2030.
Additionally, Egypt is diversifying with potash projects through ventures like El Sewedy Cap Investments, reinforcing the country’s ambition to broaden its mineral portfolio beyond precious metals.
Maximizing Local Value Addition
To strengthen economic sustainability, Egypt is focusing on beneficiation projects that retain more value locally.
Major Projects in Progress
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The Egyptian Mineral Resources Company signed an agreement with EK Mining Company in July 2025 to develop new industrial operations.
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A $658 million phosphoric acid complex, built with China’s Asia Potash, is under development in New Valley governorate.
This facility, expected to produce 900,000 tons annually, will serve the regional fertilizer market while boosting Egypt’s downstream industrial capabilities.
Egypt’s Mining Sector Expansion
Strategic Partnerships and Developments
Partnership/Project | Description |
---|---|
Egyptian Mineral Resources Company & EK Mining Company | Industrial operations around mineral beneficiation |
Egypt & China’s Asia Potash | $658 million phosphoric acid complex producing 900,000 tons annually |
El Sewedy Cap Investments | Potash development to diversify mineral portfolio |
AngloGold Ashanti & Nubia Mines Company | Gold exploration and production partnerships |
Sector Goals and Targets
Target | Description |
---|---|
GDP Contribution | Increase mining sector contribution to GDP to 6% by 2030 |
Gold Production | Increase annual gold production to 800,000 ounces by 2030 |
Local Value Addition | Build integrated industries and boost local employment |
Human Capital Development | Increase local content in manufacturing and mining to 60-80% |
Regional Cooperation
Partnership | Description |
---|---|
BRICS Nations | Joint geological platform for knowledge transfer and exploration |
China, Saudi Arabia & South Africa | Collaboration on infrastructure, exploration, and cross-border trade |
Investing in Human Capital
Egypt’s mining strategy extends to workforce development under the 2024–2030 Economic Strategy. The plan seeks to raise local content in mining and manufacturing to 60–80%.
Collaborations with Centamin and the General Union of Mines and Quarries are creating training programs to enhance Egyptian skills, generate jobs, and ensure higher national participation across the mineral value chain.
Strengthening Regional Cooperation
Egypt is advancing cross-border and multilateral cooperation to secure its place in the global mining ecosystem.
Cooperation Initiatives
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Partnering with BRICS nations to develop a joint geological platform for seismic studies and mineral exploration.
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Expanding ties with firms in China, Saudi Arabia—including Al-Haitham Mining Company—and South Africa to boost infrastructure, exploration, and mineral trade.
This regional integration positions North Africa as a pivotal hub for global mining growth.
Opportunities at African Mining Week 2025
African Mining Week will showcase Egypt’s reforms, highlight active investment opportunities, and facilitate discussions between policymakers, companies, and financiers.
With global investors increasingly eyeing Africa’s mineral wealth, Egypt’s strategy offers a roadmap for sustainable, inclusive growth.
In Conclusion
Egypt’s mining sector reforms represent more than an economic strategy—they signal a regional transformation.
By combining exploration, beneficiation, skills development, and international cooperation, Egypt is positioning itself as a leader in North Africa’s mining renaissance.
Sources: Energy Capital & Power.
Prepared by Ivan Alexander Golden, Founder of THX News™, an independent news organization delivering timely insights from global official sources. Combines AI-analyzed research with human-edited accuracy and context.