Cairo — Egypt’s Egyptian Mineral Resources Company reported a significant rise in financial and operational performance for the fiscal year 2024/2025, according to outcomes approved during its general assembly chaired by Karim Badawi and attended by officials from the Ministry of Petroleum and Mineral Resources Egypt.
Company officials highlighted a strategy focused on increasing mining output, maximizing value-added processing, and supporting domestic industries such as fertilizers, ceramics, and paints. Phosphate remained the dominant resource, accounting for approximately 76% of total production.
Production reached around 581,000 tons, while marketing volumes exceeded targets by 30%, totaling 621,000 tons with a value of EGP 1.3 billion. Total revenues climbed to nearly EGP 2 billion, marking a 79% increase above targets and 39% year-on-year growth. Net profits rose sharply to EGP 1.2 billion, reflecting a 178% increase over planned levels.
Exploration efforts also advanced, with confirmed phosphate reserves and promising drilling results across key mining areas in Upper Egypt and the Red Sea region.
The Middle East Observer notes that the company’s performance underscores Egypt’s broader push to expand its mining sector and enhance resource efficiency. The Middle East Observer further observes that ongoing initiatives—such as adopting solar energy and strengthening safety standards—align with national strategies for sustainable industrial growth.
