Save
Print
A consortium of three Chinese companies signed a memorandum of understanding with Algerian National Iron and Steel Company on exploiting iron ore Tuesday in Algiers.
The Chinese consortium, composed of Metallurgacal Corporation of China, China International Water and Electric Corporation and Hunan Heyday Solar Corporation, will carry out a feasibility study on the exploitation of Gara Djebilet iron ore in western Algeria.
Algerian Minister of Energy and Mines Mohamed Arkab welcomed the cooperation between Algerian and Chinese enterprises at the signing ceremony on Tuesday.
He recognized the comprehensive solution proposed by the Chinese consortium and hoped that both sides would promote the progress of the project.
The iron ore of Gara Djebilet is located in Tindouf Province in western Algeria. The exploitation of this iron ore is of great significance to Algerian social and economic development, which can meet the country's demand for iron ore and provide employment opportunity.
Source: Xinhua
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
- [Editor:kangmingfei]
Daily News
Research
Magazine
Company Database
Customized Database
Conferences
Advertisement
Trade
Online inquiry
Contact
Tell Us What You Think