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Guelb el Aouj set for development

IN A major step towards development of the Guelb el Aouj iron ore plant in Mauritania, Sphere Investments and its partner in the project, Societe Nationale Industrielle et Miniere, have signed a memorandum of understanding with two Middle Eastern industrial companies to jointly develop the project with the aim of first direct reduction pellet production by 2010.

MiningNews.Net
Guelb el Aouj set for development

In a statement released yesterday, Sphere said the MoU was signed by Saudi Basic Industries and Qatar Steel. Hadeed, an affiliate of Saudi Basic Industries, and Qatar Steel will produce direct reduction...

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