Jordan Phosphate Mines has activities in two complementary sectors: mining and phosphate fertilizer manufacturing. It owns four mines located in Jordan. In December 2021, JPMC acquired 10% of Mitsubishi’s shares in the Nippon-Jordan Fertilizer Company, which made it the largest shareholder with an 80% stake. In 2021, JPMC’s phosphate production reached 10 million tons, an increase of 12% compared to the previous year. In May 2022, the company signed agreements with a number of Indian companies valued at $1.5 billion to increase its exports, The Indian Potash Company Limited is the main shareholder in the company, with 27.4%.