Posted in | News

Magnesium International Receives Environmental Approval for Eyptian Magnesium Smelter

Magnesium International Limited has announced that the Egyptian Magnesium Company S.A.E. (“EMAG”) has been granted the environmental approval for the proposed primary magnesium smelter to be established at Sokhna, Egypt.

The approval has been advised by Red Sea Ports Authority, the approving authority and follows the detailed evaluation of EMAG’s Environmental Impact Assessment by the Egypt Environmental Affairs Agency, in accordance with Law no. 4 of 1994.

EMAG will be operating the smelter to the highest environmental standards and in accordance with the Equator Principles set out by the World Bank/IFC.

This approval is a major milestone for the EMAG project.

EMAG is close to finalising the major contracts for the supply of power, gas and water and is working on the further environmental approvals for the drying pit for solid plant residues. These residues are benign non-toxic residues from the leach of the magnesite feedstock and comprise talc, albite and other silicates which will be neutralized before placing in the drying pit.

EMAG is currently 50% owned by MIL but will become 100% owned, subject to MIL Shareholders Approval at a General Meeting to be held on 17 May 2006.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.