Gov't approves incentives to mining sector

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Home Jordan News Gov't approves incentives to mining sector 30-09-2021 03:17 AM Ammon News - A cabinet session, chaired by Prime Minister, Bisher Khasawneh, on Wednesday approved recommendations, submitted by the Energy and Minerals Regulatory Commission (EMRC), to grant incentives to the mining sector. Incentives will cover mining rights, amount to (44) and belong to (34) entities or companies, that entail financial obligations due to the treasury from mining fees until the end of 2020, and are unable to pay, and submitted a request to the EMRC to pay these receivables in installments, as the annual production amount of mineral materials doesn't meet the requirements of Article (22) of the Natural Resources Law No. (19) of 2018. These incentives aim to offer investors in the mining sector who hold these rights the opportunity to sustain operations of their projects.

Home Jordan News

Gov't approves incentives to mining sector

30-09-2021 03:17 AM

Ammon News -
A cabinet session, chaired by Prime Minister, Bisher Khasawneh, on Wednesday approved recommendations, submitted by the Energy and Minerals Regulatory Commission (EMRC), to grant incentives to the mining sector.

Incentives will cover mining rights, amount to (44) and belong to (34) entities or companies, that entail financial obligations due to the treasury from mining fees until the end of 2020, and are unable to pay, and submitted a request to the EMRC to pay these receivables in installments, as the annual production amount of mineral materials doesn't meet the requirements of Article (22) of the Natural Resources Law No. (19) of 2018.

These incentives aim to offer investors in the mining sector who hold these rights the opportunity to sustain operations of their projects.

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