Next Saturday, Energy Minister Mohamed Arkab will inaugurate the Ghar Jbeilat mine, without giving more details.
The strategic project, once it comes into service and reaches the maximum production capacity, will allow our country to achieve significant strategic goals in the field of iron industry. It should be remembered that the first phase of production will start with the horizons of 2026.
Currently, Algeria produces iron extraction from the Ghar Jbeilat mine. The production can reach 20 million tons, 5 million tons of iron, and its needs are estimated at 10 million tons. After the beginning of the year, this means that Algeria will achieve self-sufficiency and export iron in the form of reinforcing iron, which amounted to Its price last year was 153 dollars per ton, which will enable it to collect 12 billion dollars annually.
For reference, our country has great potentials in converting iron ore into reinforcing iron at the level of the Tosyali factory in Oran and the Bellara factory in Jijel.