
ZAWYA-SNG: China’s Xingfa Group to evaluate phosphate and silica projects in Egypt’s Golden Triangle

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Egypt’s Ministry of Petroleum and Mineral Resources has signed a memorandum of understanding with China’s Xingfa Group to evaluate phosphate, quartz, and silica sand ores for an industrial project in the Golden Triangle region. The project aims to enhance the value of Egyptian mineral ores and establish Egypt as Xingfa’s largest industrial hub outside China. The agreement reflects confidence in Egypt’s investment climate and includes commitments to modern technology transfer. The partnership is seen as a significant step for the Egyptian mining sector, with a clear roadmap for implementation.
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