As announced by Chinese steelmaker Wuhan Iron and Steel Co. (WISCO), on March 1 a group of representatives from Mauritanian state-owned iron ore company Societe Nationale Industrielle et Miniere (SNIM) paid a visit to WISCO. During the visit, Mohamed Abdellahi Ould Oudaa, CEO of SNIM and former Mauritanian industry and mines ministry, signed a long-term iron ore supply agreement with WISCO.
SNIM is the largest enterprise in Mauritania, which is the second-largest iron ore exporting country in Africa.
Mr Oudaa said, "We highly cherish the opportunity of cooperation with WISCO. I hope the two companies will carry out further cooperation in a wider realm." Zhu Jiangyue, the director of WISCO's purchasing department, stated that SNIM is an important strategic partner of WISCO.