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Israel to Announce Policy on Exploitation of Sinai Mineral Resources

September 7, 1967
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The Israel Government will make a decision within a few days on the exploitation of mineral resources in the Sinai Peninsula conquered by Israel in the Six-Day War.

Aharon Nachshon, director-general of the Ministry of Development, said today that the ministry would submit its report and recommendations to the Cabinet and that a decision would follow shortly.

Israel has already begun to pump oil from Sinai oil fields formerly held by Egypt and operated by it in conjunction with Italian oil interests. Mr. Nachshon said that in addition to oil, the Sinai Peninsula also has manganese deposits, iron ore, aluminum-bearing clays, copper, phosphates, gypsum, coal and possibly radioactive black sands.

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