The MoU relates to the use of existing rail and port infrastructureThe Government of Liberia (GoL) and Niron Metals Plc (Niron or the Company), have jointly announced the signing of an Memorandum of Understanding (MoU) regarding the passage through Liberia of iron ore from the Zogota iron ore deposit in neighboring Guinea (Zogota or the Project), a release from the African Press Organization (APO) has said. The MoU, according to the APO, relates to the use of existing rail and port infrastructure in Liberia. Niron Metals PLC is a private company established to review and capture long-term value creating opportunities in the global industrial metals and mining sector by leveraging the significant expertise, strong track record and networks of its principals. Niron aims to invest in industrial metals such as iron ore, nickel, chrome and manganese, committed to achieving the highest environmental, social and ethical standards in all its activities. The Government of Guinea has already given authorization for Niron to export material from Zogota in compliance with the Mining Code of the Republic of Guinea 2013.

Source: Daily Observer April 19, 2019 02:37 UTC