Feasibility of pure calcium carbonate project at Zwizya, Central Jordan
by Awwad Titi; Rami Al Rawashdeh
International Journal of Mining and Mineral Engineering (IJMME), Vol. 14, No. 4, 2023

Abstract: Jordan has a substantial number of economically viable limestone deposits of 1.3 billion tonnes reserves which provide both comparative and competitive advantages on a worldwide scale. The goal of this paper is to determine whether or not the feasibility of the pure calcium carbonate project at Zwizya, Central Jordan has a chance of being successful if it is ever put into action. With an NPV of $US6.06 million, an Internal rate of return of roughly 52.19%, a discounted payback period of 2.35 years, and a capital efficiency index of 2.51, the project seemed to be feasible. According to the findings from the Monte Carlo simulation, it was determined that the Zwizya project has a 10.7% likelihood of encountering a negative net present value (NPV), while there is an 89.3% possibility of attaining a positive NPV. In turn, this will entice domestic and international financiers to engage in limestone-related endeavours.

Online publication date: Thu, 14-Mar-2024

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