Algeria invests $7-10 billion in the huge iron ore project

As reports Zawya News, Algeria plans to enclose $7 - $10 billion in the project on development huge mine with target production 40 million tons of iron ore, according to press data for August 15. The mine Gara Dzhebilet in the western Province of Tindouf was put into operation in the middle of 2022 with a planned initial volume of productions from two tons per year to three million. The mine occupies the space more than 125 million square meters and it is considered one of the world's largest iron mines. "The government plans to invest from $7 to $10 billion in this project for achievement...