In a historic achievement that is considered a turning point in the Egyptian mining industry, Sun Rise, a leading company in the field of exporting and recycling industrial waste, announced the signing of an agreement with the Egyptian Iron and Steel Company for Mines and Quarries to export iron ore to China during 2025. This initiative is led by Eng. Mohamed El Garhy, Chairman of the Board of Directors of the company, who is working with his partners, Sherif Tayseer El Garhy, Ahmed Tayseer El Garhy, and Mostafa El Zayat to enhance these efforts.
In a statement, El Garhy said: “In light of the state’s encouragement to increase exports, our company seeks to open new markets for exporting iron ore, which is available in large quantities in Egyptian mines. A contract has been signed with the Iron and Steel Company to export quantities of iron ore to China, where the first ship was exported during December 2024. This step represents a new beginning for exporting Egyptian iron ore, allowing Egypt to benefit from the dollar revenue from exporting these raw materials.
Sun Rise is a pioneer in this field, as it has carried out daily loading rates of more than 10,000 tons per day of iron ore, a rate that has never been achieved in the history of iron and steel in Egypt. This achievement reflects Egypt’s ability to meet the needs of the global market and enhances its position as a major source of mineral resources. All these efforts were made possible by the cooperation of the Iron and Steel Company for Mines and Quarries and the Holding Company for Metallurgical Industries with Sun Rise, starting with the good reception and facilitating all procedures and their commitment to production in terms of quantities and timing. SGS also follows up on the loading of exported shipments and provides inspection and testing services for the raw materials As an accredited international entity.
Eng. El-Garhy also pointed out that there is an ambitious plan to increase the exported quantities of iron ore during 2025, as it was agreed to export additional quantities. This initiative contributes to increasing the dollar income of the Egyptian economy and enhancing the stability of the trade balance.
These achievements are supported by the Egyptian government’s vision that seeks to develop the road network and infrastructure, which enhances Egypt’s ability to compete globally. With the continuation of these efforts, Egypt is expected to witness more exciting developments in the mining sector, which contributes to enhancing economic growth and providing new job opportunities.
It is worth noting that this type of iron ore was the first to be exported by Sun Rise Company, thanks to Mohamed El-Garhy’s great efforts in exporting various iron ores.
Through these achievements, Sun Rise Company places itself at the forefront of companies that contribute to reshaping the future of mining in Egypt and strengthening its position in the global market.
