During a meeting in Jordan, Bandar Bin Ibrahim Alkhorayef, the Saudi Minister of Industry and Mineral Resources, and Mohammed Ahmed Al-Shehhi, the president of the Arab Mining Company, discussed how the mining resources in both Jordan and Saudi Arabia could be utilized.
In Jordan, Mohammed Ahmed Al-Shehhi, the president of the Arab Mining Company, and Bandar Bin Ibrahim Alkhorayef, the Saudi Minister of Industry and Mineral Resources, discussed potential mining collaborations. - They examined potential applications for the minerals found in Jordan and Saudi Arabia.
Alkhorayef also met with delegates from Jordan's mining firms to deliberate on possible cooperation regarding the extraction and manufacturing of phosphate.
The chief of the Arab Mining Company, Mohammed Ahmed Al-Shehhi, and Saudi Arabia's Minister of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef, had a meeting in Jordan on May 23, 2024, in regard to how to improve mining cooperation. During their research, Alkhorayef and Al-Shehhi made an investigation into how to maximize the mining resources that are available in Saudi Arabia and Jordan. Also present at the event was vice minister of mining affairs Khalid bin Saleh Al-Mudaifer, an engineer. Alkhorayef visited Jordan on business and made it a point to speak with representatives of the mining industry there. Because Saudi Arabia has large phosphate reserves, he met with the officers of the Jordan Phosphate Mines Company to seek a partnership in phosphate extraction and production.
In addition, the minister met with representatives of Arab Potash to investigate the progress achieved in the implementation of the memorandum of agreement between the company and the Saudi Arabian Mining Company (Ma'aden). The agreement is to increase the degree of cooperation between the two countries in specialty fertilizers and commodities. Alkhorayef went to Jordan because the Kingdom is committed to the promotion of economic cooperation between Saudi Arabia and the kingdom of Jordan in the mining and manufacturing sectors, among others. The Kingdom will do this by creating an opportunity for job creation, attracting investments, and the necessary skill exchange.
These projects are targeted at boosting economic integration between Saudi Arabia and Jordan in various areas.
"Amman, Jordan, May 23, 2024, The chairman of the Arab Mining Company, Mohammed Ahmed Al-Shehhi, met with the Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef in Jordan to discuss ways to improve mining collaboration.".
Alkhorayef and Al-Shehhi looked into ways to profit from Jordan's and Saudi Arabia's mining resources. The vice minister of mining affairs, engineer Khalid bin Saleh Al-Mudaifer, was present at the conference as well.
Alkhorayef met with officials from Jordan's mining industry while on an official visit.
Given Saudi Arabia's substantial phosphate reserves, he spoke with executives from Jordan Phosphate Mines Company about potential cooperation in phosphate production and extraction.
The minister also talked about working with representatives of the Arab Potash company, looking at how the agreement between the company and the Saudi Arabian Mining Company (Ma'aden) is being implemented. The goal of the agreement is to increase cooperation between the two nations on specialty goods and fertilizers.
The Kingdom's determination to enhancing Saudi-Jordanian economic cooperation—especially in the mining and industrial sectors—by fostering job creation, investment attraction, and expertise exchange is demonstrated by Alkhorayef's visit to Jordan. The various levels of economic integration between Saudi Arabia and Jordan are the goal of these initiatives.
