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Algeria
Snubbed Citic still hopeful for huge phosphate project

Reading time 3 minutes

Chinese giant Citic, shortlisted by Sonatrach in 2018 but then dropped, is scrambling to get back into its good books. The Algerian state-owned firm is looking for a new partner for a massive project to exploit the country's phosphate reserves, and Citic wants to be the chosen one.

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