The CEO of Sonarem Group, Reda Belhaj, received in Algiers the Vice President of Tosyali Algeria, Alp Topkocoglu, as part of the implementation of the major strategic partnership between Sonarem Group—through its subsidiary, the Algerian Iron and Steel Company (FERAL)—and Tosyali Algeria to develop the Gara Djebilet mine, according to a statement issued by the group.
The statement noted that, through this ambitious partnership, both parties reaffirmed their commitment to a shared vision reflecting mutual trust and future aspirations, positioning the Gara Djebilet mine as a strategic mining and industrial hub at both regional and international levels.
It added that the meeting, attended by executives from both sides, represented an important milestone in reaffirming the strength of cooperation and partnership relations, as well as the shared determination to elevate bilateral cooperation to advanced strategic levels, particularly in the mining and downstream industrial sectors.
The statement further explained that the meeting comes within the framework of implementing the project of a joint venture specialized in processing iron ore at the Gara Djebilet mine. It also referred to the convening of the constituent general assembly of this company, which aims to produce iron concentrate with an initial production capacity of 4 million tons per year, using the latest phosphorus removal processing technologies.
The statement concluded by noting that the project constitutes “a cornerstone of the national strategy to valorize mineral resources, consolidate industrial sovereignty, enhance industrial integration and technology transfer, in addition to creating real added value and supporting the national economy through partnerships based on efficiency and sustainability.”
