Steel Network
13,407.44 TRY BIST 100 BIST 100
43.42 USD USD USD
6.28 CNY CNY CNY
51.79 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
34.13 TRY Interest Interest
69.26 USD Fossil Oil Fossil Oil
13,407.44 USD Copper Copper
168.08 USD Silver Silver
103.38 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,761.05 TRY Gold (gr) Gold (gr)
104.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Tosyalı Algerie and Feraal have established a joint venture for the Gara Jabalat iron ore project

Tosyalı Algerie and Feraal, a subsidiary of the Sonarem Group, have established a joint venture to develop the Gara Jabalat iron ore project, one of Algeria’s major mining investments.

Tosyalı Algerie and Feraal have established a joint venture for the Gara Jabalat iron ore project

Under the agreement, the project envisages the creation of new mining and processing capacity with the aim of achieving high-efficiency production.

Once completed, the project will produce 4 million tons of high-quality iron concentrate per year. It was stated that advanced phosphorus removal technologies will be used in the production process to enhance ore quality.

The cooperation between Tosyalı Algerie and Feral aims to contribute to increasing domestic production capacity in Algeria, promoting the use of technology, and supporting economic growth.

Construction of the first beneficiation unit, which will serve the Gara Jabalat site, is planned to begin in the Tindouf region in the first quarter of 2026. Once operational, the facility will reach an annual production capacity of 10 million tons of iron and pellet concentrate.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Russian coking coal prices moved upward

Thursday, January 29, 2026

POSCO International reports record operating profit driven by energy business

Thursday, January 29, 2026

Borçelik exports 80% of its flat steel to global markets

Thursday, January 29, 2026

Turkish businessmen are preparing for a trade visit in Saudi Arabia, Egypt, and the UAE

Friday, January 30, 2026

Ukraine launched an anti-dumping investigation into imports of steel pipes of Turkish origin

Friday, January 30, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now