The New Valley Company for Mineral Resources and Oil Clay’s (Wadico) successfully added 5.4 million tons of new phosphate to its reserves during 2025, as part of the company’s plans to maximize its reserves and add value to mineral ores, especially phosphates, according to Chairman Amgad Ghoniem‏.

WADICO is also working on a project to improve the quality of low- and medium-grade phosphate ores, which will double the high-quality stock and enable the company to enter into partnerships for producing phosphate fertilizers. The company is focusing its efforts on maximizing green mining operations. It is also preparing to launch the first environmentally friendly phosphate crusher at its work site in Aswan, according to Ghoniem.

The production lines for the crusher will be powered by solar energy, and heavy machinery operating on electricity will be brought in to save approximately one million liters of diesel annually, Ghoniem noted.

Wadico is an Egyptian joint-stock company under the umbrella of the Ministry of Petroleum and Mineral Resources, established in May 2007. The company offers a range of services, including consultancy for the economic utilization of minerals, quarries, and oil shale resources,  exploring for mineral resources, and providing technical services for the chemical and geochemical analysis of samples and rocks.