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AMMAN — Chair of the Board of Directors of the Jordan Phosphate Mines Company (JPMC) Mohammad Thneibat met with the Ambassador of Kazakhstan, Talgat Shaldinbay to discuss expanding cooperation in the phosphate fertiliser industry.
During the meeting, held on Sunday, Thneibat said JPMC's is committed to advancing economic and investment cooperation with Kazakh companies in the phosphate sector.
He expressed the company's readiness to expand partnerships and implement joint projects that enhance the added value of the mining sector in both countries' economies.
Thneibat noted the company's alignment with Jordan's vision to promote and attract investment.
He noted that JPMC is open to global markets and aims to diversify its partnerships, while bolstering its presence and competitiveness in the global fertiliser market, the Jordan News Agency, Petra, reported.
Thneibat presented an overview of the company's vision for expanding into downstream industries, improving operational processes and fostering regional and international strategic partnerships.
He stressed that JPMC is willingn to share its extensive experience to support Kazphosphate Company in investing in phosphate ore in Kazakhstan.
Also, the company is willing to support in establishing partnerships that meet the needs of the local Kazakh market as well as neighboring countries.
Thneibat urged the Kazakh side to develop a timeline for implementing the outcomes of the meeting within the framework of cooperation.
Shaldinbay praised the "strong" relations between the two countries and said Kazakhstan is keen to developing a fruitful partnership with Jordan.
The Ambassador added that his country is ready to facilitate a visit by a Kazakh delegation to explore avenues of cooperation with JPMC and tour its production facilities.
Both sides agreed on the importance of strengthening communication between relevant companies in the two countries, particularly between JPMC and Kazakhstan's Kazphosphate Company and identify future areas of cooperation that serve mutual interests.
The meeting addressed ways to leverage Jordanian expertise and modern technologies in phosphate processing and production projects
The discussions also addressed the possibility of expanding initiatives between JPMC and Kazakh companies, including potential Kazakh participation in joint ventures.
