Egypt is turning up the heat on its mining ambitions as Minister of Petroleum and Mineral Resources, Karim Badawi, held high-level talks with Lijue Wu, Founder and CEO of China’s Ximei Resources Holding, to explore major investment opportunities in Egypt’s mineral-rich landscape.

In a strategic move to energize the nation’s underutilized mining sector, the Ministry is actively courting global partnerships, with China’s Ximei Resources a key player in tantalum and niobium production emerging as a top prospect. 

During the meeting, held in Cairo, Badawi emphasized Egypt’s commitment to creating an investor-friendly climate, driven by regulatory reforms and a clear roadmap to attract global mining leaders.

He outlined the Ministry’s vision to position Egypt as a competitive mining hub through targeted reforms and international collaboration.

The Chinese delegation expressed strong interest in expanding into Egypt, citing Ximei’s 25-year track record in the extraction and high-tech processing of critical metals used in electronics, aerospace, and clean energy technologies.

With global demand soaring for strategic minerals like tantalum and niobium, this potential partnership signals a pivotal step in Egypt’s push to unlock the full value of its mineral wealth and elevate its position on the global mining map.