Australian mining group Hunter & Co. has expressed its intent to launch investment projects and establish strategic partnerships within the Egyptian mining sector, according to a statement released by the Ministry of Petroleum and Mineral Resources on Sunday. The discussions centred on the recent package of legislative reforms and financial incentives designed to improve Egypt’s investment climate and attract international mining entities. Minister Badawi noted that this interest serves as a primary outcome of his visit to Perth, Australia, last November, where he promoted Egypt as a competitive destination for Australian mining companies. As part of the current visit, Hunter & Co. executives requested to inspect various mining sites and meet with other active industry players in the country. Both parties have agreed to coordinate with the Egyptian Mineral Resources Authority (EMRA) to develop an executive framework and finalise the necessary steps for the company’s formal entry into the Egyptian market.
