Liberia inks MOU with Niron Metals for iron ore export from Zogota Project
2019-04-23 10:25:09 [Print]
According to report on April 19, the Government of the Republic of Liberia and Niron Metals Plc jointly announced the signing of a Memorandum of Understanding ("the MOU"), regarding the passage through Liberia of iron ore from the Zogota iron ore deposit in the Republic of Guinea. The MOU relates to the use of existing rail and port infrastructure in Liberia.
The signing of the MOU follows the joint vision of economic cooperation, expressed by the leaders of the republics of Guinea and Liberia at a meeting held in Dakar on the 2 April 2019.
The Government of Guinea has already given authorization for Niron Metals to export material from Zogota in compliance with the Mining Code of the Republic of Guinea 2013.
Sir Mick Davis, Chairman of Niron said, "This MOU is an important milestone in our plans to develop the Zogota project. We intend to complete the feasibility study within six months and continue to work with relevant stakeholders to bring Zogota rapidly into production for the benefit of all."
The signing of the MOU follows the joint vision of economic cooperation, expressed by the leaders of the republics of Guinea and Liberia at a meeting held in Dakar on the 2 April 2019.
The Government of Guinea has already given authorization for Niron Metals to export material from Zogota in compliance with the Mining Code of the Republic of Guinea 2013.
Sir Mick Davis, Chairman of Niron said, "This MOU is an important milestone in our plans to develop the Zogota project. We intend to complete the feasibility study within six months and continue to work with relevant stakeholders to bring Zogota rapidly into production for the benefit of all."
