Long-term purchase agreement between SNIM and Tosyali Holding

SNIM (Société Nationale Industrielle et Minière) and Tosyali Holding have concluded a long-term purchase agreement to supply iron ore for the Turkish company's industrial facilities near Oran in Algeria.

This purchase agreement, which signs SNIM return to the Maghreb market, forms part of the policy of diversifying our clientele, as it guarantees our customer access to high-grade iron ore close to its facilities.

Tosyalı Holding is one of the world's giants in the iron and steel industry with several manufacturing sites on three different continents.