Cairo, June 1.
Egypt's iron ore deposits, contained in an-area of about 500 square miles in the Aswan province, may prove to be the richest in the world, according to a report by Saba Habashi Bey, Egyptian minister of commerce and industry.
The report recalls that the ancient Egyptians discovered iron mines in this region, They concealed the entrance to the workings, and in time sand accumulated to fill up the openings.
In 1917 an Egyptian discovered haematite at Aswan, and further prospecting proved the existence of huge quantities of iron ore in the district, "It is. estimated that the deposits exceed 6,000,000,000 tons, as against Britain's—1,000,000,000. tons. Germany's 2,200,000,000, France's 1,500,- 000,000, the United States' 1,100,000,- 000, and Sweden's 500,000,000. The iron exists at a depth of 2 feet to 7 feet, and its extraction presents no great difficulties.
The minister says that establishment of a steel industry is possible and desirable from an industrial and military viewpoint—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.