TNT – “Tidbits From TNT” Friday Morning 5-30-2025

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Tishwash:  New Partnership to Connect the Middle East and Europe via Iraq

Zain Omantel International (ZOI) has announced a partnership with Iraq’s Horizon Scope Telecom and the Iraqi Telecommunications and Information Company (ITPC), a government-owned company under the Iraqi Ministry of Telecommunications.

This partnership enables ZOI to create a digital telecommunications corridor stretching from the Middle East to Europe through Iraq, offering alternative terrestrial connectivity options that provide higher levels of capacity, security and efficiency.

According to a statement from ZOI, the route will use terrestrial fibre connectivity that utilises Iraq’s position as a digital gateway, creating more reliable services that are less susceptible to interruptions. It will pass through Turkey and make its way up to Frankfurt, Germany. The new corridor will act as an alternative to traditional subsea routes by bypassing some of the turbulent areas. The route will enable international businesses, telecom operators and hyperscalers to expand their reach via robust, low-latency infrastructure, ensuring seamless connectivity between the Middle East and Europe.

Mr. Sohail Qadir, CEO at ZOI, said:

“By working together, we will enhance regional and international connectivity, offering higher capacity, security, and efficiency for businesses, operators and hyperscalers across continents.”

Mr. Ahmed Abdulsalam, the Managing Director of Horizon Scope, said:

“Offering alternative terrestrial connectivity routes is a critical way to protect against infrastructure vulnerabilities, ensuring that enterprises can capture more opportunities and scale with reliable connectivity.”

Mr. Ali Y. Dawood, the Director General of ITPC, said:

“This partnership marks a significant milestone in strengthening Iraq’s position as a connectivity corridor, especially by providing an alternative path to Europe. We are committed to delivering connectivity solutions that the people of Iraq can trust and use to enable seamless global connectivity.”  link

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Tishwash:  The budget schedules will be released in mid-June.

The Finance Committee of the Iraqi Parliament revealed government efforts to submit the 2025 budget tables to Parliament, expecting the tables to be submitted to Parliament in the middle of next month. 

Committee member Moein Al-Kadhimi said in a press statement, “We have received information that the Ministry of Finance, along with the Ministry of Planning, is preparing budget tables for the year 2025 based on recent financial and economic changes, with the decline in oil prices. We expect these tables to be submitted in mid-June.”

 Al-Kadhimi explained, “These agendas will reach the committee when the House of Representatives resumes its sessions. If the agendas reach the House, it will be obligated to hold sessions. This issue will certainly not be free of disagreements, whether political or technical. We may need approximately a month to vote on the agendas after they officially reach the committee and study them from various angles.”  link

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Tishwash:  Huge untapped wealth… Iraq’s top 5 mines

Iraq’s five most prominent mines reveal a map of mineral wealth that remains untapped due to decades of security challenges that have led to the neglect of these resources.

 According to a report published by the Energy Platform, Iraq’s most prominent minerals include “sulfur, phosphate, and rock salt, along with strategic minerals such as iron, manganese, zinc, and lead.” The report indicated that “despite the dominance of oil in the economy, Iraq boasts vast mineral resources concentrated in a number of mines.”

The platform stated in its report: “The mining sector in Iraq has been marginalized for decades due to political and security tensions. However, recent years have witnessed increased interest in revitalizing this vital sector. The Iraqi government is currently attempting to attract international investment to revive these mines, particularly with the move to diversify the economy away from its reliance on oil.”

She added: “Geological data and surveys indicate that Iraq possesses vast reserves of important ores such as sulfur, phosphate, rock salt, iron, and manganese, some of which are ranked among the largest in the world. International reports also reveal that Iraq holds the world’s largest reserves of free sulfur, in addition to significant reserves of silica sand.”

Energy highlighted the five most prominent mines in Iraq, which form a unique geological map that could position Iraq among the region’s leading mineral-producing countries.

Al-Mashraq Mine

The Mishraq mine is one of the largest natural sulfur mines in the world, containing vast reserves of natural sulfur close to the Earth’s surface. Sulfur is extracted from the mine by fusion and is used in the fertilizer, petroleum product, and water treatment industries.

According to Energy, “exploitation of the mine began in the 1960s and reached its peak in the 1970s, but ceased after 2003. Despite plans to rehabilitate it, the mine remains out of service. The mine consists of three fields. The first field’s reserves are estimated at 23.5 million tons, the second field’s reserves are 65.8 million tons, and the third field’s reserves are 224 million tons.”

The Mishraq mine suffered extensive damage during the ISIS era, when the group set fire to sulfur storage facilities in 2016, causing a rare environmental disaster.

Akashat Mine

The Akashat mine, located in Anbar Governorate, is one of the richest phosphate deposits in the Middle East, with total reserves estimated at more than 7 billion tons, making it one of the top five mines in Iraq.

She said: “The extracted phosphate is used in the manufacture of fertilizers, phosphoric acid, and animal feed, and its reserves in the western desert of Iraq are estimated at more than 10 billion tons.”

The mine includes an open quarry, a processing plant, and a railway line connecting it to the Al-Qaim plant. However, the infrastructure has been damaged by wars and terrorism, halting production for many years. Efforts are underway to restart the mine through investment partnerships .
 
Samawah Mine

The Samawah mine, located in Muthanna Governorate in southern Iraq, is “one of the five most prominent mines in Iraq specializing in extracting rock salt. The salt ore there is distinguished by its high quality and pure sedimentary composition, and is used in the food and chemical industries,” according to what the “Energy” platform reviewed.
 
She added, “The mine operates intermittently and is managed by the General Company for Mining Industries. It suffers from a lack of investment, but it covers a significant portion of the local market’s needs, with the potential to develop it into a regional center for salt exports.”
 
Iron and manganese

Sulaymaniyah Governorate in the Kurdistan Region has “promising areas for iron deposits, particularly in Qara Dagh and Birspi, where sedimentary rocks contain hematite and magnetite ores at concentrations ranging from 30 to 45%.”

Despite these positive indicators, according to the Energy report, “none of these mines have been commercially exploited yet. Manganese is found in areas such as Soran and Dohuk, but exploration is still preliminary. Factors such as the lack of infrastructure and transportation, in addition to weak financing, represent the most significant obstacles to developing these sites.”

Zinc and lead

The Ministry of Energy explained that “there are indications of the presence of good-quality zinc and lead deposits within MVT-type replacement carbonate formations in mountainous areas near the Turkish and Iranian borders, such as Mergasor, Zakho, and Qalaat Diza.”

“The main minerals there include galena and sphalerite, along with barite and fluorite. Despite the presence of these resources, the mines have not yet been exploited, but they represent a golden opportunity for Iraq’s future plans to develop the mining sector.”  link