Lithium, gold extraction MoUs signed

AMMAN — The Ministry of Energy and Mineral Resources and the Arab Mining Company on Sunday signed two memoranda of understanding meant to excavate lithium in Wadi Araba's Fenyan area and gold in Aqaba's Jabal Mubarak area. 

The memoranda were signed by Minister of Energy and Mineral Resources Saleh Kharabsheh and General Manager of the Arab Mining Company Hassan Al Takrouri, according to a ministry statement. As per the 12-month agreements, the Arab Mining Company will be allowed to explore an area of 50 square kilometres in Jabal Mubarak and an area of 35 square kilometres in Fenyan, excluding the boundaries of natural, archaeological and geological reserves, Kharabsheh said.