In a recent development, the government of Ivory Coast has declared a temporary suspension on the export of scrap metal, ferrous by-products, cast iron, and aluminium waste and scrap. This decision was made during a ministerial cabinet meeting held on Thursday and is set to last for 10 years.
The objective behind this suspension is to ensure the availability of these materials for local processing units, thereby supporting the growth of the national metallurgical industry. Amadou Coulibaly, the government spokesman, emphasized this point in the official statement.
Over the past few years, Ivory Coast has witnessed a significant rise in its metallurgical industry. This can be attributed to the establishment of multiple processing units dedicated to scrap metal, ferrous by-products, cast iron, and waste and aluminum scrap, as highlighted by the government.
According to the cabinet meeting report, the country’s annual capacity to handle scrap metal, including cast iron and aluminum, is expected to reach approximately 600,000 tons in the near future. This projection reflects the growing demand for these materials within Ivory Coast.
Since 2018, the number of operational industrial scrap metal processing units in Ivory Coast has increased from two to four. Additionally, a fifth unit is currently under construction, according to the statement.
In 2022 alone, Ivory Coast produced a total of 240,000 tons of scrap metal, as reported by the Ministry of Mines. Such figures further emphasize the country’s potential in this sector.
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