Algeria
Child Company of Groupe SAFEX
The SONAREM Group is a joint-stock company with a capital of DZD 5,000,000,000, under the supervision of the Ministry of Energy and Mines and Renewable Energies It was established for the corporate purpose of research, exploration, exploitation, development, and commercialization of mineral products.
It owns 12 wholly-owned subsidiaries in the field, in addition to a sports club, and operates approximately 59 mining sites. Furthermore, it holds 4 direct and 5 indirect stakes in other companies.