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Egypt Armed Forces, Australian Company Sign Deal to Separate Economic Minerals in Burullus
Source: 5/19/2018

The Egyptian Black Sand Company (EBSC) and the Australian Minerals Technologies Inc. signed a contract to embark on a project meant to provide equipment to establish two factories for the concentration and separation of black sand and economic minerals in Burullus region, Kafr el Sheikh governorate.

The Armed Forces affiliate company, EBSC, signed the contract after a final form of the agreement has been reached with the Australian side.

Technical cadres are being groomed to operate the factory, the Armed Forces said in a statement issued .

EBSC stakeholders along with representatives of the National Investment Bank attended the inking of the contract, the statement added.

Established in 2016 as a shareholding company by the National service projects organization, EBSC is specialized in exploration, separation and concentration of economic minerals from beach black sands and stream sediments.

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