Arab potash
Following the expansion parade of Amman – Arabic Potash, its strategic goals aimed at increasing its market share globally with the aim of increasing production through specific investments.
On May 21, Prime Minister Dr. Jaffer Hasan launched the Southern Extension Program of Arabic Potash, which was one of the largest strategic industrial projects in the kingdom, and its estimated cost is estimated at about 1 1.1 billion.
The Southern Expansion Project is a Milestone in the History of the History, which AIMS to Raise the Production Capacity of the Company from Potash by (740) Thousand Tons Annual, Bringing the Company Million Tons Anually, Consistent with the Goals of the Vision of the Economic Modernization, Especially Role in Maximizing the Returns of Natural Resources, Contributing to the highest profit and contributing to the target level of economic growth. This program will contribute to increase the exports of the kingdom, to improve the reserves of foreign currencies, to increase state income from direct and indirect allowances and create employment opportunities.
Why is the increase in investment?
Important in the mining industry?
Increasing investment in the mining sector improves economic growth at economic, social and growth levels, especially in mineral wealth, which is what the economist needs, especially at this point.
Therefore, strengthening economic growth refers to a judgment of GDP (GDP) with foreign exports and investment revenue, and offers the opportunity to diversity the economy.
In a country its youth needs employment and the unemployment rate is over 20 %, the increase in investments in the mining industry is to create employment opportunities, and the mining industry needs employment in various sectors (engineering, geographical, function, transport, logistics).
It helps to reduce unemployment, especially in distant areas where metal resources are concentrated.
Jordan seeks to attract foreign investment (FDI), which is an attractive sector of global capital, which leads to creating infrastructure such as roads, electricity and ports to serve mining projects.
In this context, these investments seek the company’s management on the importance of expanding its investments in the kingdom based on its firm belief in the company’s key stakeholders, upgrading the company’s production performance and enhances its global competitiveness.
Once the potash started, its largest project, the head of the company, Eng. Shehade Abu Hudayab said the share of its investments in its relevant companies and its related companies and its investments at the end of the first quarter of the year (13), which emphasizes that the Arab potash company and its subsidiaries and its associated companies have contributed effectively to strengthen the foreign currencies of the kingdom.
It is noteworthy that the European market is currently the largest market for Arab potash, as the company’s sales exceeded a thousand tonnes of 2024 (500), which positively reflected its profits and financial results in the past year.
The company wants to intensify its functions in the European market in the coming period through its subsidiary “Arabic potash-rupee”, which will enhance its current storage capacity and establish new distribution centers in various European countries with fertilizer and cooperation with Arabic chemistry-kimapco.
In spite of fluctuations in the global fertilizer market, Arab Potash announced the net profit from the 2025 quarter (47) since 2025, after calculating income tax, allocation and mining fees, after calculating income tax, allocation and mining fees.
At the end of the first three months of this year, the net integrated revenue was almost (161) million in the company’s financial statements that the company’s financial statements showed that the company’s financial statements (49) were the value of the rights of the shareholders, which was the end of 2024.
The increase in sales of Arab phosphate and potash companies is a source of government income, and is an important source of tax and income development projects (education, health, infrastructure) from mining companies.
For its part, Dr. Mann Al -Nzor, CEO of Arab Potash, ensured that the company continues to implement its ambitious strategy to develop all aspects of its business, and informs the state visions that promote the competitiveness of the national businesses, especially mining and fertilizer sectors.
Dr. Al -Nzor explained that the company’s potash production will be about a thousand tonnes in the first quarter of the current quarter, while sales increased by 6 % (708) thousand tons (668), compared to the company’s flexibility and replies to the world market.
Dr. Al -Nzor pointed out that the company succeeded in reducing the average cost of producing a potash tones compared to last year, emphasizing that raising and reducing costs of production and reducing costs was two basic pillars.
