Launch of the exploitation of a phosphate facility – La Nouvelle Tribune

The Ministry of Foreign Affairs in Algeria is given a force majeure with the launch of the phosphate donation Bled El Hadbadans la wilaya de Tebessa. With 2.2 billion tons of reserves, Algeria Square has become global, but the site is being inscribed as a strategy for the economic diversification of wages.

The project, porté par la société mixed algéro-chinoise Algerian Chinese Fertilizer Companyrepresents a colossal investment of $7 billion. The action structure reflects an equal partner, with 56% of the parts belonging to the Algerian party through Asmidal, the family of Sonatrach and the Sonarem group, while Chinese societies Wuhuan and Tian’an own 44%.

The production ambitions are announced at the height of the project: 6 million tons of phosphate rock, which requires 10 million tons of phosphate minerals. This capacitive position in Algeria can be the main actors of the global market.

The project environment ensures that the scope of the simple extraction minie becomes large. The Minister of Energy and Mines, Mohamed Arkab, has made the coup for the preparatory works at the Oued Kebrit transformation complex in Souk Ahras. It is a large industrial player that includes 21 trading and production units in Souk Ahras, Annaba and Biskra.

The socio-economic impact is significant. The construction phase mobilizes 12,000 workers, while the operation typically involves 6,000 direct employees and 24,000 indirect employees. President Abdelmadjid Tebboune has identified the crucial importance of the 2027 reception as a decisive decision for the national economy.