Glencore and SNIM discuss El Aouj iron project while Soc Gen works on financing

Glencore and SNIM discuss El Aouj iron project while Soc Gen works on financing

Mohamed Vall Ould Tleimidi, head of the Société Nationale Industrielle et Minière (SNIM), is continuing his initiatives to set up and relaunch various partnerships to boost the national operator’s iron production. 

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            ▪ Glencore and SNIM discuss El Aouj iron project while Soc Gen works on financing

▪ Mohamed Vall Ould Tleimidi, head of the Société Nationale Industrielle et Minière (SNIM), is continuing his initiatives to set up and relaunch various partnerships to boost the national operator’s iron production. 

https://www.africabusinessplus.com/en/812364/mauritania-glencore-and-snim-discuss-el-aouj-iron-project-while-soc-gen-works-on-financing/

The El Ajouj ore development project, on the back burner since 2015 when iron prices plummeted from just over $40 per tonne in December of that year to over $146 per tonne today, is back in the news.

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