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Why Did Metal Bank Pull Out of Jordan’s Promising Mineral Belt?

10:42am on Friday 15th of August, 2025 AEST Mining
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Why Did Metal Bank Pull Out of Jordan’s Promising Mineral Belt?

10:42am on Friday 15th of August, 2025 AEST
Key Points
  • Metal Bank withdraws from Jordan exploration projects
  • Geopolitical instability in the Arabian Shield region cited
  • Jordanian Ministry of Minerals requires costly bank guarantees
  • Company unable to commit shareholder funds amid uncertain timeframe
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