Jordan Bromine Company (JBC) Bromine Operation Feasibility Study: $0M Capex Over a 33-Year Mine Life
Albemarle Corporation's Jordan Bromine Company (JBC) Bromine Operation in Safi, Governorate of Karak, Hashemite Kingdom of Jordan (southeastern edge of the Dead Sea) has a Feasibility Study outlining initial capital of $0M. The mine plan runs 33 years at about 125000 t bromine (product) per year.
Albemarle Corporation's Jordan Bromine Company (JBC) Bromine Operation has reported Feasibility Study results for the bromine project in Safi, Governorate of Karak, Hashemite Kingdom of Jordan (southeastern edge of the Dead Sea). It reflects Albemarle Corporation's (ALB) latest disclosed economics for the asset.
Economics. Initial capital expenditure is estimated at $0M, with life-of-mine sustaining capital of $14M. Economics are based on Bromine sales price range of $2,690 to $4,890 per tonne (spot price at December 31, 2025, and spot less 15%, 30%, and 45%).
Production and mine plan. The project envisions a brine extraction (solar evaporation ponds; pumping station from apc carnallite pond c-7) operation. Life of mine is 33 years. Average annual production is approximately 125000 t bromine (product). Average head grade is feedbrine contains approximately 152,000 tonnes of bromide ion per year. Metallurgical recovery averages 82%.
Resources and ownership. The company holds a 50% interest in the project.
These figures are extracted from Albemarle Corporation's technical disclosures and reflect the most recent Feasibility Study on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.
Reserves & Resources
| Category | Tonnage | Grade | Contained |
|---|---|---|---|
| Proven | — | — | 4.1 MMt of elemental bromine |
| Proven | — | — | 2.1 MMt of elemental bromine (Albemarle's attributable 50 percent interest) |
| Category | Tonnage | Grade | Contained |
|---|---|---|---|
| Measured | — | — | 164.49 MMt bromide ion (inclusive of Reserve), attributable to Albemarle's 50 percent interest |
| Measured | — | — | 162.43 MMt bromide ion (exclusive of reserves), attributable to Albemarle's 50 percent interest |
Our Analysis
- Initial capex
- $0M
costlier than 0% of 457 projects we track
- Mine life
- 33yrs
- Study price assumption
- Bromine sales price range of $2,690 to $4,890 per tonne (spot price at December 31, 2025, and spot less 15%, 30%, and 45%)
Among the 457 projects we track, this one sits in the least demanding position on capital: an initial build cost lower than every other project in that set. That is the fact that should anchor how you read everything else. The sponsor carries a US$13.09B market capitalisation, and the build is small against it, so funding risk here is not a question of whether the money can be raised but of execution. A feasibility study, with its plus or minus 15% band, is the build-ready estimate and deserves the weight a scoping study does not.
The asset is a bromine operation at Safi, on the southeastern edge of the Dead Sea in Jordan, already at production stage, with a 33-year mine life. That combination matters more than any single headline number: a producing asset in a jurisdiction with an established extractive industry, held inside a diversified portfolio of 17 projects by a large-cap sponsor. The mine life is 6% shorter than the previous 2024 feasibility filing, a modest trim rather than a structural change, but worth noting because it moves in the wrong direction.
The pricing assumption is where the study carries its own uncertainty. It models a bromine sales range of $2,690 to $4,890 per tonne, framed as a base case and then stepped down by 15%, 30% and 45%. That is a wide band, and the outcome swings materially across it, which is the honest way to read a study that has to bracket its own revenue line rather than anchor to a single figure. The question that decides this project is not whether it can be financed, but where within that modelled range the realised bromine price settles.
Our take, benchmarked against the project economics in the Mining Stocks database. Figures are estimates drawn from company technical reports — not investment advice; always verify against the source filing.