14,252.38 TRY BIST 100 BIST 100
52.76 EUR EUR EUR
44.76 USD USD USD
6.60 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
39.69 TRY Interest Interest
94.84 USD Fossil Oil Fossil Oil
6.12 USD Copper Copper
115.72 USD Silver Silver
106.08 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,955.95 TRY Gold (gr) Gold (gr)
105.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

SNIM sets target of 15.5 million tons of iron ore sales for 2026

Mauritania’s state-owned mining company SNIM increased its iron ore sales to 14.7 million tons in 2025, surpassing the 14-million-ton threshold for the third consecutive year. The company has set a sales target of 15.5 million tons for 2026.

SNIM sets target of 15.5 million tons of iron ore sales for 2026

Mauritania’s state-owned mining company Société Nationale Industrielle et Minière (SNIM) announced that it continued its steady growth in iron ore sales, reaching a sales volume of 14.7 million tons in 2025 and exceeding the 14-million-ton mark for the third year in a row. The company also stated that it has set a sales target of 15.5 million tons for 2026.

In addition to increasing production, SNIM emphasized its focus on market diversification. Planning to expand into new markets in 2026, particularly in the Middle East, the company aims to gradually boost its production capacity through the modernization of the Guelb II plant and the discovery of new reserves.

With a more ambitious long-term vision, SNIM targets an annual production capacity of 45 million tons by 2031. This goal is expected to further strengthen Mauritania’s position in the global iron ore market.

Currently, the company exports iron ore extracted from mines in the Zouérate region to Europe and China via the Port of Nouadhibou, continuing to play a significant role in Mauritania’s economy and export revenues.

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

Stegra joins the European Resilience Alliance for clean hydrogen

Friday, April 17, 2026

Iran announces that the Strait of Hormuz is fully open

Friday, April 17, 2026

First phase of Farigh–Brega natural gas pipeline commissioned in Libya

Friday, April 17, 2026

Union Pacific and Rocky Mountain Steel Mills sign 7-year agreement for domestic rail production

Friday, April 17, 2026

Fortescue speeds up green grid transition

Friday, April 17, 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