Back to today’s briefing

Story perspectives

Israel's New Bill Boosts Dead Sea Profit Share Amid Environmental Concerns

12/4/2025

36 6

Summary

Story summary

The Finance Ministry of Israel released a December 3, 2025 draft bill on Dead Sea mineral extraction, effective April 1, 2030.
The bill would raise government's share of profits from 35% to 50%.
Environmental groups say the plan does not address the Dead Sea's declining water levels, which recede over a meter annually.
ICL Group surrendered its automatic renewal rights for $2.54 billion to pursue a more competitive bidding process.

1 of 1

Story summary

The Finance Ministry of Israel released a December 3, 2025 draft bill on Dead Sea mineral extraction, effective April 1, 2030.
The bill would raise government's share of profits from 35% to 50%.
Environmental groups say the plan does not address the Dead Sea's declining water levels, which recede over a meter annually.
ICL Group surrendered its automatic renewal rights for $2.54 billion to pursue a more competitive bidding process.