Etihad Rail has signed two MoUs valued at US$23bn with Jordan's Ministry of Transport and local companies to construct, operate, and maintain a mineral railway network in the country. Etihad Rail confirmed that it has signed an MoU with Jordan's Ministry of Transport to explore the development and operation of a 360km railway linking the nation's phosphate and potash mines to the Port of Aqaba. The project is anticipated to start operations by 2030. News JV to explore mining in Saudi Arabia Etihad Rail fosters UAE- Jordan relationship Almasane Alkobra Mining Company (AMAK) has signed a letter of intent with London-listed Power Metal Resources Plc to form a joint venture aimed at advancing exploration at a mining site in Saudi Arabia. The partnership will focus on exploration activities at AMAK's Qatan exploration license in the southwest region of the kingdom, with the goal of developing an initial mineral resource estimate for nickel and other related minerals, according to a regulatory filing by the Saudi-listed company on Tuesday. Under the joint venture agreement, AMAK will hold a 51% stake, while Power Metal Resources will own the remaining 49%. AMAK will hold a 51% stake. GOM HSE HOUSTON OCTOBER 8 - 9 24 ACCESS INDUSTRY-LEADING STRATEGIES OF CULTIVATING A ROBUST SAFETY CULTURE AND ENHANCING PROCESS SAFETY MANAGEMENT FOR HIGH-RISK OFFSHORE OPERATIONS In Partnership With SPEAKERS INCLUDE JACK HEFFERNAN, Project Manager jheffernan@offsnet.com | +44 (0)20 3038 6926 FOR SPEAKING, SPONSORSHIP OR DELEGATE PACKAGES contact me today as space is extremely limited. 6 ISSUE 4 2024 | www.technicalreviewmiddleeast.com