Société Mokta El Hadid
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The Société Mokta El Hadid was an iron ore mining company in Algeria, and later in other West African countries. From around 1865 until 1927 it was the largest mining company in Algeria, delivering ore of exceptional quality for processing in France. In 1878 the original Mokta El Hadid mine near Bône (now Annaba) was said to be capable of supporting 25% of Europe's steel production. Before this mine was exhausted the company opened additional mines in Algeria. Later it extended its operations to countries such as Tunisia, Morocco, Niger, Côte-d'Ivoire and Madagascar, and mined manganese, chromium and uranium. In October 1970 the Société le Nickel, soon to become the Imétal holding company, took over the Mokta company. The company was later renamed Compagnie française de Mokta (CFM), specializing in uranium mining.
Industry | Mining |
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Founded | 1863; 161 years ago (1863) |
Founder | Paulin Talabot |
Defunct | October 1970; 53 years ago (1970-10) |
Headquarters | Algeria |
Products | Iron ore |