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Ministry of Mines Grants Licenses for Potash, Iron Ore, Gold Production – Ethiopian Monitor
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Ministry of Mines Grants Licenses for Potash, Iron Ore, Gold Production – Ethiopian Monitor
The Ministry of Mines (MoM) has signed separate mining contracts with two private companies and Ethiopian Investment Holdings (EIH) The deals signed on Friday grant the license for the firms with a combined registered investment capital of $4.2 billion to engage in mineral production. The Ministry granted the EIH, the nation’s sovereign fund that serves as the government’s strategic investment arm, with the license to enter potash production. Si…
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