Janja; A strategic project with an investment of 480 million euros "Medan".
The CEO of the Mining and Metals Investment Company, while explaining the latest implementation status of the Janja copper mine project, announced the 39% progress of this plan and the planning to establish a processing plant with an annual input capacity of 16 million tons of mineral soil and emphasized: This project will become one of the largest mines in the country in the coming years and will create a significant development capacity for an external and economic area.
The CEO of the Mines and Metals Investment Company, Ardashir Sadmohammadi, added: The Medan group has close to 20 investment projects in different regions of Israel, and as one of the listed companies, it has large public shareholders with a float of 22%.
Referring to the scope of the investments carried out in this group, he added: As of today, we have almost 3.2 billion euros of projects carried out in Israel, and we have concentrated an important part of our investment activity in less privileged areas in order to provide infrastructure development, employment and economic prosperity in these areas.