The Société des Bauxites de Dabola-Tougué (SBDT) unexpectedly joined the list of contenders for Guinean iron ore exploration in October. SBDT, a joint venture between the Iranian (51%) and Guinean (49%) states but which is in reality mostly financed and operated by Tehran, has applied for an iron ore research permit in the Faranah prefecture in the southeast. But Iran is in the midst of a severe economic crisis and exploiting Guinean iron ore remains a logistical challenge. So there is no guarantee
In Focus | Guinea, Iran
Tehran hopes to capitalise on Doumbouya's isolation
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The international community's mistrust of Guinea's post-coup regime is a boon for Iran. Tehran, badly in need of both iron and allies, is trying to cosy up to Mamady Doumbouya's junta and to acquire stakes in the country's mines.
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Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production
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