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April 18, 2023 | 2 years ago

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Three major projects planned in Gara Djebilet: Mine sector attracts investors

Samira Imadalou
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Negotiations on this matter have progressed well, with a similar agreement planned with the Algerian Qatari Steel (AQS) complex in the Bellara industrial zone, in El Milia, in the wilaya of Jijel.

Private Algerian companies in the sector will also be supplied directly with raw materials from Gara Djebilet mine. This, according to Mohamed Sakhr Harami, CEO of Manadjim El Djazaïr (Manal), a mining industry group, will reduce the import bill, which currently amounts to around $1 billion and is likely to reach $2 billion in the medium term.

CEO of Feraal, Ahmed Benabbes, confirmed the strategic nature of these projects. He stress the need to open up to the Algerian private sector by developing public-private partnerships. 

“Gara Djebilet, whose reserves are estimated at more than 3 billion tons for the part studied so far, is intended to supply the raw material to Tosyali, the Bellara complex and private companies that have small processing units,” Mr. Harami summarizes, for whom the second phase of the operation of Gara Djebilet iron mine will not be started until Béchar-Gara Djebilet railway project is finalized. “We want to export to China and Turkey from Gara Djebilet,” Mr. Benabbes added.

April 18, 2023 | algeria-logo

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