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Ministry announces joint venture agreement with local, intl. companies to install labs, melting machinery

Addis Ababa, November 12, 2020 (FBC) – Ministry of Mining and Petroleum has announced joint venture agreements with various local and international companies to install state of the art mining laboratories and melting machinery.

Minister of the Ministry, Engineer Takele Uma having of state of the art mining laboratories and processing machineries is major priority areas of the sector.

The realization of the up to date mining technologies will have a paramount significance in supporting the progress of the homegrown economy, the Minister underlined.

The assertion came at a time when the Minister visited the Ethiopian Geological Survey Laboratory jointly with undergraduate students of Addis Ababa University.

“The laboratory hasn’t witnessed a remarkable progress despite its establishment age and manpower comprised of long serving professionals”, he said, adding “reinforcing competence of the institute with required workforce and latest technologies will help the country add values to mining export and save foreign currency.”

 

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