Economie

Algeria’s Tosyali Steel Complex Unveils $2.5 Billion Investment Plan to Boost Production to 10 Million Tons

Algeria’s Tosyali steel complex in Bethioua, near Oran, has announced a massive $2.5 billion investment plan aimed at significantly expanding its production capacity, dzwatch can exclusively reveal.

According to the group’s president, the ambitious investment will gradually increase annual output from approximately 6.5 million tons to nearly 10 million tons — an addition of around 3 million tons. On a daily basis, production could double from 50,000 to 100,000 tons within just 30 months.

The strategy heavily relies on exploiting the iron ore deposits at the Gara Djebilet mine — one of Algeria’s most strategically vital reserves, holding billions of tons of ore. First raw material shipments have already begun arriving at the Oran complex, pending the launch of a planned processing unit in Béchar with an initial capacity of 2 million tons annually.

On the green industrial front, Tosyali Algeria is also partnering with national entity Sonatrach on a green hydrogen production project, aligning Algeria’s steel sector with evolving international environmental standards.

As output scales up, Tosyali Algeria is positioning itself to export a growing share of its production, further cementing Algeria’s role as a major regional industrial powerhouse.

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