On the sidelines of the Egypt Mining Forum 2022, the Egyptian Mineral Resources Authority (EMRA) has signed three memoranda of understanding (MoUs) for developing the Egyptian mining sector.
One of them was inked with the International Egyptian Oil Company (IEOC) affiliated with Italy’s Eni to cooperate in identifying and exploring available opportunities in metals that can be used in energy transition programs and clean energy projects such as lithium, nickel, cobalt, manganese, and graphite.
According to the MoU, the two parties will exchange the geological data as well as study and evaluate progress at mining sites.
Additionally, another MoU was signed with the American Chamber of Commerce to cooperate in providing training programs and building capabilities within the mining sector to support the sector’s Modernization project adopted by the Ministry of Petroleum and Mineral Resources.
Moreover, Egypt has signed another MoU with MSALAB company to develop and upgrade the employees who are working in EMRA in order to be able to check the gold and basic minerals in soil, rock and excavation samples in Marsa Alam.