12
Nov
11:05
Guinea iron ore reserves wait to be exploited
High Power Exploration (HPX) has announced positive results from its pre-feasibility study (PFS) for the Nimba Iron Ore Project (2021 PFS) in the Republic of Guinea.
Nimba is located in the southeastern part of Guinea, near the border with Liberia and Cote d’Ivoire. The study estimates project development costs of $2.77 billion. Direct capital costs for rail and port development in Liberia are estimated at more than $600 million. Project operating costs…
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