Barite jv established to develop Draissa deposit for drilling grades

摘要

Algeria has a new barite company named National Company for Barium - Barytal, which is to undertake evaluation, development, and production of the Draissa barite deposit in Bechar province, in western Algeria. The new company, with a capitalisation of 200m Algerian Dinars($2.5m*) was formed on 2 December as a joint venture between Sonatrach (60% split equally between its subsidiaries NPHS, ENTP, and ENAFOR) and Manad-jim El Djazair (Manal), through its subsidiary Entreprise Nationale des Produits Miniers Non-Ferreux et des Substances Utiles (ENOF 40%).