Algeria Marks 60 Years of Economic Sovereignty: Mining Sector Takes Center Stage
Algeria celebrates this Wednesday, May 6, the 60th anniversary of a landmark milestone in its struggle for economic sovereignty — a battle that paved the way, less than five years later, for the nationalization of hydrocarbons on February 24, 1971.
This year’s commemoration carries exceptional weight, coinciding with the launch of major structural projects in the mining sector and the creation of a dedicated Ministry of Mines — bold moves spearheaded by President Abdelmadjid Tebboune as part of his sweeping drive to diversify Algeria’s economy and reduce its dependence on volatile energy revenues.
The establishment of a Ministry of Mines sends a powerful signal, dzwatch has learned, reflecting President Tebboune’s firm commitment to reviving a long-neglected sector and anchoring it within a core national strategy — one designed to position Algeria among the world’s most prosperous and respected nations, for the benefit of current and future generations.
The launch of mining operations at Gara Djebilet marks a historic turning point, fulfilling a dream long held by Algeria’s martyrs and freedom fighters who sacrificed everything for a sovereign, independent nation.
