Mining Showcase
Jordanbuild 2011
The International Mining and Machinery Expo at Jordanbuild
2011, focuses on the opportunities, both regional and national,
provided by the shift of mining companies towards customer
satisfaction and expectations. It examines all the elements
that make up the industry like the vision, culture, leadership,
management, human resources, products and services, processes
and systems of various ventures, providing a comprehensive look
at the ’s region mining
companies and endeavors, the show will feature exhibitors,
professionals, buyers and delegates who share a common outlook
towards joint ventures, technology transfers and strategic
business-to-business alliances.
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Exhibitior Profile
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- Bulk Materials Handling
- Environment
Exploration
- General Services
- Mineral Processing
- Smelting and Refining
- Underground mining
- Surface mining
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Jordan MINING AND
QUARRYING.
Phosphates and potash are Jordan's main
natural resources, and both of these minerals
are used in the production of fertilizers. In
2000 Jordan was the second largest supplier of
phosphates in the world after Morocco,
producing 7 million tons and announcing proven
reserves of 1.5 billion tons. The bulk of the
phosphate industry is located in the south of
the country near the Saudi Arabian border and
is dominated by the Jordan Phosphate Mines
Company, which is mostly owned by the
government. Mining is certainly one of the
strongest emerging markets in Jordan, and the
government has made significant investments in
the sector. The sector's output has been
growing steadily with profits increasing from
US$27 million in 1997 to US$35 million in 1998.
The Jordan Phosphate Mines Company has been
very successful in attracting international
capital especially through contracts with
Indian and Japanese firms.
Jordan has impressive proven shale oil
reserves that have been estimated to amount to
the equivalent of 29.5 billion barrels of oil.
This oil has not been exploited yet because
shale oil is difficult and costly to extract.
However, in 1999 a Canadian firm, Suncor,
entered into talks with the Jordanian
government and hopes to produce 17,000 barrels
per day (b/d), 67,000 b/d after 2004, and
210,000 b/d after the year 2009. This project
would be a great boost for the Jordanian
economy because it would make Jordan
self-sufficient in energy production.
Currently, Jordan imports 100,000 b/d of oil
from Iraq.
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