The National Company for Industry and Mines (SNIM) has signed an agreement with the Australian BCM company to exploit the iron mine in Fderik, as part of a new policy that aims at the opening up to the international partners, to benefit of their experiences to support the production and its development, among the workers' concerns.
This agreement will allow the establishment of a national company that will be responsible for the exploitation of the Fderik mine in exchange for privileges and benefits obtained by the company, in addition to the provision of transportation, port and electricity services, for significant revenues, as well as the provision of about 700 job opportunities.
In the same context, the news website "Sahara Media", quoting its trade union sources expressed the workers’ fears and concerns about this deal, as they consider it as suspicious and "scandalous", and that this “is the beginning of selling the company”, which has already made a lot of controversy in Mauritania.
The opponents of this decision accuse the company's management of selling these important mining reserves in a precedent of its kind, in light of a special circumstance, in which the iron prices are rising significantly, considering these reserves are the highest quality within the available mining reserves in the region and could have increased the company's annual production of iron by one million tons per year.
#concerns #National_Company_for_Industry_and_Mines #SNIM #Fderik #mine #Mauritania
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