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SMFG invests in raw materials for its infrastructure

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“Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production”
Guinea

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Guinea, which has some of the biggest unexploited iron ore deposits in the world in its south eastern corner, is also one of the countries in which they are the most difficult to bring into production, principally because of the absence of infrastructures to evacuate the ore. Société Minière de Boké, which has the rights to the northern part of the Simandou project, still believes in its project, however, and this could serve to encourage its neighbours in the southern part, Rio Tinto and Chinalco. Two other nearby iron ore bodies have also attracted the leading figures of the international mining sector, Nimba and Zogota. All this seems to be attracting new investors to adjoining exploration permits. [...]
Arcelor Mittal's Liberian railway from Nimba to the port of Buchanan.
Arcelor Mittal's Liberian railway from Nimba to the port of Buchanan. © Arcelor Mittal Liberia
As the Nimba iron ore project moves forward, the Guinean state mining company intends to extract the raw material it needs to build a railway and export its future production. [...]
Read this article in our running story
“Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production”
Guinea

Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

Guinea, which has some of the biggest unexploited iron ore deposits in the world in its south eastern corner, is also one of the countries in which they are the most difficult to bring into production, principally because of the absence of infrastructures to evacuate the ore. Société Minière de Boké, which has the rights to the northern part of the Simandou project, still believes in its project, however, and this could serve to encourage its neighbours in the southern part, Rio Tinto and Chinalco. Two other nearby iron ore bodies have also attracted the leading figures of the international mining sector, Nimba and Zogota. All this seems to be attracting new investors to adjoining exploration permits. [...]

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Guinea, Liberia
Nimba iron: SMFG still waiting for ArcelorMittal to get on the right track

Having completed the pre-feasibility study for its Nimba iron ore project in Guinea, SMFG has now finalised nearly all aspects for the project's advancement, except for one key issue: the transportation of its future output by train on ArcelorMittal's rail track, which will be needed to get its shipments to buyers.

LogoSubscribers only Infrastructure, Mining 17.11.2021

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