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Ethiopia grants mineral production licenses to six companies

Addis Ababa, September 30, 2021 (FBC) – Ethiopian Ministry of Mines and Petroleum have granted mineral production licenses to six international companies drawn from various countries.

The Mines and Petroleum Minister, Engineer Takelle Uma on Thursday signed the agreements with Chief Executives of the mining companies.

The companies are said to have completed exploration of the minerals and fulfilled all the criteria needed for the agreement.

According to the Ministry, the companies have registered 4.7 Billion USD Dollars capital and created permanent job opportunities for more that 1,300 people so far.

 

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