Founded in 1949, JPMC is engaged in the mining and phosphate fertilizer manufacturing areas. The company produced dry phosphate of 11.5 million tons in 2024 and achieved domestic and international sales totaling 11.3 million tons, up by 100,000 tons compared to 2023. The company is launching a new $120 million project in Shaidiya to produce phosphate using a flotation method, with an annual capacity of up to two million tons.