Italy and Algeria considering joint billion-dollar DRI production plant

Italy and Algeria considering joint billion-dollar DRI production plant
Source: Infinity Galaxy / Caption: An agreement between Italy's CEIP Scarl and Algeria's Copresud is estimated at $1.152 billion

Italian Electroside Consortium for Pre-Reduced Iron (CEIP Scarl) and Algeria’s Copresud are looking to develop a feasibility study for the construction of a direct reduced iron (DRI) plant in Algeria, that’s according to Agenzia Nova, after an MoU was signed at last week’s bilateral economic summit. The project, which is also supported by the Duferco group, focuses on research that could lead to the gradual use of green hydrogen in production processes.

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