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Gara Djebilet Project: $750 Million Investment to Produce 4 Million Tons of Iron Annually

April 1, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Gara Djebilet Project: $750 Million Investment to Produce 4 Million Tons of Iron Annually

The iron ore valorization project at the Gara Djebilet mine is witnessing significant progress, with an investment exceeding $750 million and an annual production capacity estimated at 4 million tons of concentrate iron, along with expectations to create 760 direct jobs and thousands of indirect jobs, as part of supporting the development of the iron and steel industry and enhancing the added value of national resources. The Director General of the Algerian Investment Promotion Agency, Omar Rakach, chaired a working meeting yesterday evening to follow up on the project's progress, attended by the CEO of SONARAM, Redha Belhaj, the Deputy CEO of Tosyali Algeria, Alp Topkoglu, along with representatives from the General Directorate of National Properties and officials from the agency.

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