Egypt is preparing to exploit its huge “black wealth”

Egypt is preparing to exploit its huge “black wealth”

According to reports in the Egyptian media, President Abdel Fattah El-Sisi of Egypt is getting ready to inaugurate the Black Sand Factory in Baltim, Kafr El-Sheikh Governorate, in the upcoming days.

The Egyptian media reports that this factory was established on a 35-acre plot of land with joint investments from the Kafr El-Sheikh Governorate, the National Service Projects Agency of the Armed Forces, the Nuclear Materials Authority, the National Investment Bank, and the Egyptian Mineral Resources Company, with investments totaling more than one billion pounds, in order to extract economic minerals worth 41 A metal element that is used in many industries, including the

Black sand is a type of heavy black beach sediment that gathers on some beaches near the mouths of large rivers and is concentrated there by beach currents on cargoes in the sea. It is made up of heavy metals, particularly the metals magenitite and al-alemite, and is utilised as a raw material.

These black sands are used to extract iron and monarse minerals, and the most important countries that India, Brazil, and Egypt exploit. It also typically contains a small amount of radioactive minerals, such as monarste and others, all of which are dominant minerals.

There are two black sand sites in Kafr El-Sheikh Governorate, the first east of Burullus in Muna Munisi, a village connected to Al-Shihabia, on an area of 80 acres, and the second north of the international road west of the enormous electricity power plant in Burullus on an area Al-Nawawiya and the Investment Bank, and the factory, the first with Egyptian Australian experience in eastern Burullus and the second with Chinese experience in northe.

the author, Echo Country.

Egypt is getting ready to use its enormous “dark money”

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