Jordan Phosphate Mines

What Jordan Phosphate Mines does

Jordan Phosphate Mines Company (JPMC), founded in 1949 and headquartered in Amman, is a publicly listed Jordanian mining and chemicals enterprise (Amman Stock Exchange: JPMC) that extracts and processes phosphate ore into fertilizers and industrial chemicals. The company operates three integrated phosphate mines (AlHasa, AlWadi AlAbyad, and Eshidia) with combined annual production capacity exceeding 11.5 million tons (actual 2025 production of 12.14 million tons) and 317-432 million cubic meters of proven reserves. JPMC runs a downstream industrial complex in Aqaba producing concentrated phosphoric acid (54%, 300,000 tpy capacity expanding to 550,000 tpy), diammonium phosphate (DAP) fertilizer (700,000 tpy), sulfuric acid, and aluminum fluoride (AlF3), with aluminum fluoride utilizing fluosilicic acid recovered as a phosphoric acid by-product.

JPMC's business model is a vertically integrated B2B commodity exporter: it mines raw phosphate, processes it into higher-value fertilizers and chemicals, and ships finished products through its owned Aqaba export port to fertilizer manufacturers and industrial chemical buyers in over 20 countries across Asia (India, Indonesia, China, Bangladesh), Europe (Spain, Turkey, Poland, Bulgaria, Romania, Norway), the Middle East and Africa, and the Americas (USA, Brazil). Revenue is generated through annual and quarterly contracts negotiated against global commodity benchmarks, with pricing for phosphoric acid at $1,360/ton in Q2 2026 and DAP up ~$100/ton sequentially. The company sells into multiple verticals: fertilizer producers (primary), industrial chemical manufacturers, the aluminum industry, and animal feed producers. The Go-to-market is enterprise field sales with long-term anchor agreements (e.g., Coromandel for 500,000 tpy of phosphate, 300,000 tpy of phosphoric acid) and participation in international mining and fertilizer industry events. Following a 2018 restructuring that eliminated debt, JPMC delivered 19.4% revenue growth to approximately $2 billion in 2025 and net profit growth of 31.3% to JD 601.286 million, with a $10.1 billion market capitalization (Forbes 2026) and government-linked institutional ownership.

Name

Jordan Phosphate Mines

Legal name

Jordan Phosphate Mines Company

Website

https://jpmc.com.jo

Company type

Public

Founded year

1949

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Jordan Phosphate Mines Company (JPMC) is a publicly listed Jordanian mining and chemicals enterprise that extracts phosphate from three integrated mines and processes it into fertilizers and industrial chemicals at its Aqaba industrial complex, exporting to fertilizer producers and industrial buyers across Asia, Europe, Africa, and the Americas.

Ownership category

akta.pro rank

Product category

Phosphate Mining and Fertilizer Manufacturing

NAICS

Phosphatic Fertilizer Manufacturing (325312), Nonmetallic Mineral Mining and Quarrying (2123)

SIC

Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400), Industrial Inorganic Chemicals (2810)

akta.pro primary industry

Phosphate Rock Mining (IMAKAGAA)

akta.pro secondary industries

Fertilizer Raw Materials & Intermediates (Phosphate Rock, Sulfuric/Phosphoric Acid, Potash Ore/Brines) (AFABABAH), Phosphate Fertilizers (MAP/DAP/TSP) (IMAEAEAB), Phosphate Fertilizers (MAP, DAP, TSP, SSP) (AFABABAB)

Keywords

• Phosphate mining
• Fertilizer manufacturing
• Phosphoric acid production
• Industrial chemical processing
• DAP fertilizer supply

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Raw Phosphate Sales: Extraction and sale of raw phosphate rock from three mines (AlHasa, AlWadi AlAbyad, Eshidia) to global fertilizer producers. Production capacity exceeds 11.5 million tons annually with proven reserves of 317 million cubic meters. Exports to markets including India, Indonesia, China, Bangladesh, and Europe.
2. Phosphoric Acid Sales: Production and sale of 54% concentrated phosphoric acid at the Aqaba Industrial Complex (current capacity 300,000 tons/year, expanding to 550,000 tons/year via new sulfuric acid plant). Sold to fertilizer manufacturers and industrial chemical buyers globally.
3. DAP Fertilizer Sales: Production and sale of Diammonium Phosphate (DAP) fertilizer with 46% phosphorus and 18% nitrogen content at the Aqaba Industrial Complex (capacity 700,000 tons/year). Sold to agricultural markets globally.
4. Sulfuric Acid (Internal and External Sales): Sulfuric acid production for internal use in phosphoric acid manufacturing and potential external sales. New 900,000-ton/year plant under construction at Shidiya area via IJCC subsidiary.
5. Aluminum Fluoride Sales: Production and sale of aluminum fluoride (AlF3), a non-organic compound used as an additive in the aluminum industry, utilizing fluosilicic acid recovered from phosphoric acid concentration.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Jordan Phosphate Mines Company extracts and processes phosphate ore from three owned mines (AlHasa, AlWadi AlAbyad, Eshidia) and converts it at its Aqaba Industrial Complex into raw phosphate rock, 54% concentrated phosphoric acid, diammonium phosphate (DAP) fertilizer, sulfuric acid, and aluminum fluoride. It sells these phosphate-based commodities directly to large-scale international fertilizer producers, industrial chemical manufacturers, and aluminum smelters under long-term contracts.

Product overview

Jordan Phosphate Mines Company operates as a mining and chemicals conglomerate with a vertically integrated product portfolio. The company extracts raw phosphate from three mines (AlHasa, AlWadi AlAbyad, and Eshidia) and processes it through its Industrial Complex in Aqaba into finished products. Core products include Raw Phosphate (feedstock), Concentrated Phosphoric Acid (54%, produced at 300,000 tonnes/year), Diammonium Phosphate Fertilizer or DAP (produced at 700,000 tonnes/year), Aluminum Fluoride, and Sulfuric Acid. The company is expanding into value-added downstream industries including a new sulfuric acid plant (900,000 tonnes/year capacity) to increase phosphoric acid production capacity to 550,000 tonnes annually.

Differentiator

Problem solved

Functional benefit

Products and services

• Raw Phosphate High-quality phosphate rock extracted by JPMC, noted for relatively low concentrations of hazardous heavy metals including cadmium, lead, mercury, arsenic, and zinc. Sold to global fertilizer producers and phosphoric acid manufacturers; production exceeded 12.14 million tons in 2025.
• Concentrated Phosphoric Acid (54%) Non-organic 54% concentrated phosphoric acid produced by reacting raw phosphate with sulfuric acid at JPMC's Aqaba Industrial Complex. Sold to fertilizer manufacturers and industrial chemical buyers for downstream use in fertilizer, food, and detergent industries.
• Diammonium Phosphate Fertilizer (DAP) DAP fertilizer containing 46% phosphorus and 18% nitrogen, manufactured by reacting ammonia with phosphoric acid. Sold to agricultural markets globally for use on wheat, rice, fruits, vegetables, legumes, and oil crops.
• Aluminum Fluoride (AlF3) Non-organic chemical compound used as an additive in the aluminum industry. Produced at JPMC's Aqaba Industrial Complex utilizing fluosilicic acid recovered from phosphoric acid processing.
• Sulfuric Acid Strong, highly reactive acid with thick consistency, used as the primary input for phosphoric acid production at the Aqaba Industrial Complex, with potential external sales to industrial chemical buyers.

Quantifiable outcome

• Phosphate production increased from 8 million tons (2018) to 12.14 million tons (2025), a 52% increase
• +7 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and major.

• Arab Potash CompanycoreStrategic or Co-development Partner · 15 April 2026Arab Potash Company (APC) is a joint venture partner in the $2.3 billion mineral railway project connecting inland phosphate and potash mining operations to Aqaba port via a 360-kilometer heavy-haul railway. The railway targets 16 million tonnes annual throughput capacity. JPMC and APC are the two anchor mining companies whose products will be transported via the railway, with approximately 13 million tonnes of phosphate from JPMC and 3 million tonnes of potash from APC to be transported annually. Construction expected to begin following financial close, with completion by 2032.
• Government Investments Management Company (GIMCO)coreStrategic or Co-development Partner · 15 April 2026GIMCO is a joint venture partner in the $2.3 billion mineral railway project, representing government investment management alongside JPMC, Arab Potash Company, Social Security Investment Fund, and L'Imad Holding Company.
• Social Security Investment Fund (Jordan)coreStrategic or Co-development Partner · 15 April 2026Social Security Investment Fund is a joint venture partner in the $2.3 billion mineral railway project connecting inland mining operations to Aqaba port. The fund represents Jordanian pension and social security investment interests in the strategic infrastructure project.
• L'Imad Holding Company (UAE)coreStrategic or Co-development Partner · 15 April 2026UAE-based L'Imad Holding Company is the Emirati partner in the $2.3 billion mineral railway joint venture, representing technology transfer and economic cooperation between Jordan and the UAE. The partnership establishes Jordan as a significant regional mineral exporter while creating economic cooperation and technology transfer between the two countries.
• East China Engineering Science and Technology Company (ECEC)coreTechnology or Integration · 11 February 2026Chinese engineering company engaged to build a $193 million sulfuric acid production plant at Shidiya area via Indo-Jordan Chemicals Company (IJCC), JPMC's wholly-owned subsidiary. The plant will have annual production capacity of 900,000 tonnes of concentrated sulfuric acid, scheduled for completion within 30 months. ECEC will execute the project according to the highest global technical, engineering, and environmental standards.
• Coromandel (India)coreStrategic or Co-development Partner · 14 September 2025Strategic agreement to supply 500,000 tons/year of Jordanian phosphate to Coromandel, with discussions for additional supply of 300,000 tons/year of phosphoric acid annually. The partnership strengthens 75+ year cooperative relations between JPMC and Indian fertilizer industry.
• Arab Potash Company (joint projects)coreStrategic or Co-development PartnerJPMC and Arab Potash Company are collaborating on a joint industrial complex project at Shidiya to produce phosphoric acid and specialized phosphate fertilizers at a cost of $600 million. This represents the two largest Jordanian mining companies cooperating on downstream processing projects.
• Jordanian-Japanese Fertilizer CompanycoreStrategic or Co-development PartnerJoint venture producing over 300,000 tons/year of specialized fertilizers. The Jordanian-Japanese Fertilizer Company produces specialized fertilizers (DAP/MAP) and has received strong international demand with active export orders from multiple countries.
• Turkish Company for Fertilizers (Jordanian-Turkish Fertilizer Company - JTFC)majorStrategic or Co-development PartnerJoint venture with Turkish company Traskrets to establish the Jordanian-Turkish Fertilizer Company for producing phosphoric acid in Aqaba at a cost of $500 million. The company is currently tendering for consulting services (PMC) for a new industrial complex project to produce 300,000 tons/year of phosphoric acid (P2O5).
• OQ (Oman)majorStrategic or Co-development PartnerJoint project with OQ (Oman's national energy company) estimated at $500 million, involving establishment of a phosphoric acid plant in Jordan and a fertilizer plant in Salalah, Oman, producing DAP and MAP fertilizers. The project leverages competitive natural gas and ammonia availability in Oman for integrated industrial operations.
• Indo-Jordan Chemicals Company (IJCC)coreTechnology or IntegrationWholly-owned subsidiary of JPMC operating sulfuric acid and phosphoric acid production facilities. IJCC produces 900,000 tonnes/year sulfuric acid (under expansion) and phosphoric acid at the Aqaba Industrial Complex. IJCC won the International Safety Excellence Award from the British Safety Council and the Fujairah Award for Best Sustainable Mining Practices.

Scale indicators21 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• ICL Group: Israel-based ICL is a specialty fertilizer and phosphate-based products producer, operating mines and downstream processing. Comparable to JPMC in phosphate rock extraction and value-added phosphate derivatives serving agricultural and industrial customers.
• OCP Group: Morocco's state-owned OCP is the world's largest phosphate rock producer and a leading DAP/phosphoric acid producer. OCP is the closest comparable to JPMC in both product mix (rock, phosphoric acid, DAP) and integrated mining-to-fertilizer model, but operates at much larger global scale.
• Nutrien Ltd: Nutrien is the world's largest fertilizer producer across nitrogen, phosphate, and potash, with integrated phosphate mining and DAP/MAP production. Comparable to JPMC in phosphate and DAP product lines, with a far broader nitrogen/potash portfolio.
• The Mosaic Company: Mosaic is one of the world's largest producers of phosphate rock and finished phosphate fertilizers (DAP/MAP), with integrated mining and processing operations. Highly comparable to JPMC in core phosphate fertilizer value chain.
• Arab Potash Company: Jordan-based potash miner and JPMC's JV partner in the Jordan Mineral Railway project. Although focused on potash rather than phosphate, APC is the closest comparable Jordanian mining peer and a strategic partner with shared infrastructure and customer relationships.
• PhosAgro: PhosAgro is one of the world's largest vertically integrated phosphate-based fertilizer producers, with operations spanning phosphate rock mining through DAP/NPK production. Directly comparable to JPMC's mining-to-DAP business model.

Broad incumbents

• Yara International: Yara is the world's largest nitrogen fertilizer producer and a major buyer/distributor of phosphate-based fertilizers. Comparable to JPMC as a major global fertilizer participant, though Yara's focus is nitrogen rather than upstream phosphate mining.

Emerging players

• Foskor (Pty) Ltd: South African phosphate rock and phosphoric acid producer with vertically integrated operations. Comparable to JPMC in phosphate mining and acid production, but smaller in scale and more geographically focused.

Regional players

• Egyptian Mineral Resources Authority (EMRA) / Misr Phosphate: Egyptian state phosphate mining entities extract phosphate rock from Eastern Desert deposits. Comparable to JPMC as a regional phosphate rock producer serving agricultural and industrial markets, though primarily upstream with limited downstream fertilizer manufacturing.
• Ma'aden: Saudi Arabian Mining Company (Ma'aden) is a MENA-region mining conglomerate with phosphate, aluminum, and fertilizer operations including DAP production. Comparable in regional integrated mining-to-fertilizer model, though broader in scope than JPMC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jordan Phosphate Mines