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Spotlight | Liberia
George Weah takes on Mittal over the future of the country's iron mines, railways

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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. [...]
Liberian President George Weah.
Liberian President George Weah. © Thierry Gouegnon/Reuters
Liberia's president wants to restore his country's balance of power with the global steel giant ArcelorMittal. Mining magnate Robert Friedland is throwing his support behind George Weah with an ambitious project that would let his own iron be exported through the state from Guinea. [...]
Reading time 5 minutes Joan Tilouine
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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Liberia
US Department of State attempts to mediate between ArcelorMittal and HPX

The management of the rail link between Liberian mining sites and the port of Buchanan is still the subject of intense negotiations. To try to find a solution to this logistical and commercial disagreement, the State Department brought together in Washington executives from ArcelorMittal and the American company High Power Exploration.

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