Jordan Phosphate Mines

Jump to: navigation, search
Jordan Phospate Mines
TypePublic company
Founded
HeadquartersTemplate:Country data Jordan Amman
IndustryMining, manufacturing
ProductsPhosphates, fertilizer, chemicals
Revenue2005 gross profit = JD65 million
Websitehttp://www.jordanphosphate.com/

Jordan Phosphate Mines is a mining company based in Jordan. It was founded in 1949 and its main offices are located in Amman. The company operates 3 mining facilities in Jordan and a chemical manufacturing complex in Aqaba. The company's name is abbreviated to JPMC and its stock is listed on the Amman Stock Exchange's ASE Weighted Index.

Operations

Mining

According to the company's website, more than 60% of the area of Jordan has phosphate deposits at minable depth, and JPMC is currently the only company mining phosphates in Jordan. JPMC's three mining facilities are located in:

  • Al-Ruseifa, 15 kilometers north of Amman, commencing in 1935
  • Al-Hassa and Al-Abiad, 135 kilometers south of Amman, commencing in 1962 and 1979
  • Eshidiya, 125 kilometers northeast of Aqaba, commencing in 1989

1986 acquisition

In 1986, Jordan Phosphate Mines bought out the Jordan Fertilizer Company, in which it had a 25% share of stock; the Jordanian government had owned 50% of the company. Jordan Fertilizer at the time was operating a chemical and fertilizer manufacturing complex in Aqaba, which was taken over by JPMC.

Manufacturing

JPMC's Aqaba complex produces fertilizer and chemicsls, including:

Affiliations and partnerships

JPMC's corporate partnerships include:

External links


Linked-in.jpg