Algeria’s National Company for Recovery and Valorization (SNRV) has signed a cooperation agreement with Slovakia’s BK Investment to develop a project for processing and recovering waste generated by the iron and steel industry.
The planned project aims to improve the recovery and utilization of industrial by-products, support the circular economy and promote more sustainable industrial waste management. Further details on the project’s scope, investment and implementation timeline were not disclosed.
SNRV, formerly known as Entreprise Nationale de Recuperation (ENR), is an Algerian state-owned company specializing in industrial waste recovery and valorization. It operates as a subsidiary of National Steel Holding Company (SNS) under the supervision of the Ministry of Industry. Its activities include the collection, sorting and treatment of ferrous and non-ferrous scrap and other industrial waste.