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5 Promising Mining Projects Under Development

by Alexandra Hartman Editor-in-Chief

Algeria is embarking on a significant economic transformation driven by the development of five major mining projects, aiming to reduce its reliance on hydrocarbons and bolster its industrial base. These projects, encompassing resources like iron ore, phosphate, zinc, lead, and even potential for gold and diamonds, represent a strategic shift towards diversifying revenue streams and creating thousands of jobs.

Until recently, only an estimated 10% of Algeria’s mineral potential was utilized. Now, under the direction of President Abdelmadjid Tebboune, the country is accelerating efforts to unlock these resources, with 2023 being dubbed the “year of the mining renaissance” following the inauguration of several key projects across the nation. This push involves both national and international partnerships, with projects previously stalled for decades now moving forward at a rapid pace.

The most prominent of these ventures is the Gara Djebilet iron ore mine, located in southwestern Algeria. Discovered in 1952, exploitation only began in 2022, making it one of the country’s most delayed, yet crucial, projects. The mine boasts colossal reserves estimated at 3.5 billion tonnes of iron ore, with 1.75 billion tonnes directly exploitable, according to data from the Attaqa platform, based in Washington.

Gara Djebilet: A Giant Awakens

The Gara Djebilet mine is positioned as a cornerstone of Algeria’s mining strategy. Its vast reserves represent a significant opportunity for the nation to become a major player in the iron ore market. The project’s delayed start underscores the challenges Algeria has faced in fully capitalizing on its mineral wealth, but the recent acceleration signals a determined effort to overcome these obstacles.

Beyond iron ore, Algeria is as well focusing on phosphate, zinc, and lead resources. The country’s mineral wealth extends to potential for gold and diamond extraction, further broadening the scope of its diversification efforts. These five mines are at the heart of Algeria’s vision to exploit its untapped mineral potential.

Strategic Shift and Economic Diversification

The development of these mines is not merely about extracting resources; it’s about building a more resilient and diversified economy. The Algerian government aims to strengthen its manufacturing industries and reduce its dependence on oil and gas revenues. This strategy is supported by substantial investments and a commitment to job creation.

The push for mining development comes as Algeria seeks to leverage its natural resources for long-term economic growth. The country is actively seeking partnerships to facilitate the efficient and sustainable exploitation of its mineral wealth. According to Leconomistemaghrebin.com, these projects are a practical starting point for diversifying revenue sources and strengthening manufacturing industries.

Broader Regional Context

While Algeria focuses on its domestic mining projects, other nations are also prioritizing strategic mineral development. In Canada, Prime Minister Mark Carney recently announced a series of major infrastructure projects, including mining initiatives, aimed at stimulating economic growth and reducing emissions. Les Affaires reported on September 11, 2025, that these projects include the Red Chris copper mine in British Columbia, which is projected to reduce greenhouse gas emissions by 70%.

Similarly, France is also advancing large-scale projects. APTN News reported on February 16, 2026, that the French Prime Minister announced five major “national” projects in the areas of LNG, mining, and nuclear energy.

As Algeria progresses with its mining initiatives, the nation is poised to become a significant player in the global mineral market. The success of these projects will be crucial for achieving its economic diversification goals and securing a more sustainable future. The next phase will involve continued investment, strategic partnerships, and a commitment to responsible mining practices.

What are your thoughts on Algeria’s ambitious mining plans? Share your comments below and facilitate us spread the word about this important economic development.

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