The inaugural Benghazi International Mining Expo kicked off on Sunday, organized by the National Mining Corporation under the Ministry of Industry and Minerals.
The expo is set to run until the upcoming Tuesday, gathering 12 international companies from the UAE, Chad, Egypt, Morocco, Oman, and 30 local enterprises.
Mohamed Asr, the General Director of the National Mining Corporation, expressed his warm welcome to the expo’s guests.
In a recent press statement, he disclosed plans for the corporation to sign several memoranda of understanding, with its international partners.
The forum aims to illuminate Libya’s abundant mineral resources, foster associated industries, bolster the national economy, and create avenues for development and investment while generating employment opportunities.
In September, the Chairman of the Libyan Iron and Steel Company (LISCO), Mohamed Abdulmalik Al-Faqih, received the Ambassador of Bangladesh, Abu Hassanat Mohammad Khair and his accompanying delegation.
The meeting provided an opportunity for both parties to discuss areas of cooperation, in the industrial sector. As well as explore avenues to strengthen and enhance collaborative efforts between the two sides.
During the meeting, Al-Faqih conveyed his keen interest in expanding bilateral ties.
Notably, LISCO announced that it has exported 12,000 tons of Hot Briquetted Iron (HBI) to Egypt.
A massive cargo ship carrying 150,000 tons of iron ore pellets from Brazil, docked at the company’s port.
The company highlighted that the synchronization of the shipping and unloading operations follows the extension of the quay, to 1,080 meters. This is part of the company’s infrastructure development plan.
On 31 July, the company announced that it had exported 37,000 tons of steel to Italy and Germany.
The company stated that the ship “S.Nibton” left the company’s port, loaded with more than 27,000 tons of HBI, and was headed for Germany.
The company also explained that the ship “Immensity” entered the company’s port, to ship more than 10,000 tons of HBI to Italy.
The company confirmed that it has “become the focus of attention of several countries across the globe, due to the quality of its steel products and smooth handling.”
The company pointed out that “this is due to the great efforts made by all its employees, which enabled them to reserve a prestigious position among the major concerned companies.”