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Work Starts on Sahara Mining’s Mali Steel Plant, Essor Reports

Dec. 28 (Bloomberg) -- Sahara Mining SA, an iron-ore explorer that operates in Mali, has started construction on a plant to process steel, l’Essor reported, citing a ceremony with President Amadou Toumani Toure.

Sandeep Energy & Steel, which includes a 70-megawatt, thermal power plant, will be in operation by 2013, the Bamako-based, state-owned newspaper reported. The factory’s cost is seen at 150 billion CFA francs, it said.

To contact the reporter on this story: Diakaridia Dembele in Bamako at ddembele@bloomberg.net

To contact the editor responsible for this story: Emily Bowers at ebowers1@bloomberg.net

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