Jordan Phosphate Mines

Jordan Phosphate Mines is a mining company based in Jordan. It was founded in 1949 and its main offices are located in Amman. The company operates 3 mining facilities in Jordan and a chemical manufacturing complex in Aqaba. The company's name is abbreviated to JPMC and its stock is listed on the Amman Stock Exchange's ASE Weighted Index.

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Operations

Mining

According to the company's website, more than 60% of the area of Jordan has phosphate deposits at minable depth, and JPMC is currently the only company mining phosphates in Jordan. JPMC's three mining facilities are located in:

• Al-Ruseifa, 15 kilometers north of Amman, commencing in 1935
• Al-Hassa and Al-Abiad, 135 kilometers south of Amman, commencing in 1962 and 1979
• Eshidiya, 125 kilometers northeast of Aqaba, commencing in 1989

1986 acquisition

In 1986, Jordan Phosphate Mines bought out the Jordan Fertilizer Company, in which it had a 25% share of stock; the Jordanian government had owned 50% of the company. Jordan Fertilizer at the time was operating a chemical and fertilizer manufacturing complex in Aqaba, which was taken over by JPMC.

Manufacturing

JPMC's Aqaba complex produces fertilizer and chemicsls, including:

• Phosphoric acid - used to make fertilizers, detergents, pharmaceuticals, steel and cola
• Diammonium phosphate - DAP fertilizer
• Sulphuric acid - many uses
• Aluminium flouride - used as a catalyst in the manufacture of aluminium and magnesium; used as a ceramic glaze

Affiliations and partnerships

JPMC's corporate partnerships include:

• A 2007 memorandum of understanding signed with IFFCO - Indian Farmers Fertiliser Cooperative, "the largest fertilizer manufacturer in India"
• Indo-Jordan Chemicals, held by JPMC, Southern Petrochemical Industries of India and The Arab Investment Company of Saudi Arabia
• Nippon Jordan Fertilizer Company - a joint venture held by JPMC, the Arab Potash Company, and a Japanese consortium, comprised of ZEN-NOH, Mitsubishi Corporation, Mitsubishi Chemical and Asahi Kasei.