The first shipment of products from the Baowu Liberia iron ore project arrived at Zhenjiang Port, and the project in neighboring Guinea is accelerating. Liberia was once the world’s third largest iron ore exporter, but the ongoing civil war in the country hampered infrastructure construction and iron ore development. The Simandou Iron Mine, located in Kairouane Province in southeastern Guinea, is the undeveloped iron ore with the largest reserves and the highest quality in the world. Ranking second among the ports on the Yangtze River, it is an important non-mainstream mineral trading base within the Yangtze River. After the project is completed and put into operation, it will become the second iron ore silo of Yanjiang Iron and Steel Company.

Source: GNN Liberia October 17, 2023 02:31 UTC