Mining

Algeria: GICA hopes to deal with the cement deficit starting from end 2016

Saturday, 24 October 2015 12:16

The Groupe Industriel des Ciments d’Algérie (GICA) is planning to reduce the cement deficit estimated at over 4 million tons per year with 2 new cement manufacturing plant extensions in Sétif and Chlef, which will start production by end 2016, APS reports.

The two extensions, in the cement plants of Ain El Kébira in Sétif and Chlef, will each add about 2 million tons per year, Mr. Ahmed Souidi, Head of Division for the group, explained. “We are also on the verge of signing a contract with a foreign partner for the extension of the cement plants of Zahana in Mascara and Beni Sarf in Ain Témouchent”, he added.

These are projects under study which could generate additional capacity of 3.5 million tons per year.

GICA is made up of 23 subsidiaries and has a total yearly production of 11.5 million tons with a target of 15.5 million tons by end 2016 and 18.5 million tons in 2018.

On the same topic
DRC revokes mining rights of 7 firms over unpaid fees Geocore, Regal Maniema among companies losing key permits Firms have 30 days to appeal...
Montage Gold doubled indicated and inferred resources at the ANV deposit in Côte d’Ivoire’s Koné gold project. The mine, currently under...
Boissons du Cameroun, a subsidiary of France’s Castel Group, plans to source 12,000 tons of locally produced sorghum in 2025, up from 8,000 tons in 2024...
B2Gold Q3 revenue from Mali’s Fekola mine hits $472.6M Gold output up 88%; average price jumps to $3,440/oz 2025 production target set at...
Most Read
01

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...

World Bank sees precious metal prices staying high until 2027
02

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
03

Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...

Tunisia to Build First Fully Digital Hospital in National Health Overhaul
04

Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...

Lukoil Agrees to Sell International Assets, African Included, to Swiss Commodities Trader Gunvor
05

With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...

With Costs High, IRENA Urges Global Pact to Quadruple Sustainable Fuel Production
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.