Zanaga Iron Ore secures game-changing port partnership; de-risking milestone [Video]

Zanaga Iron Ore Co Ltd (AIM:ZIOC) head of corporate development Andrew Trahar speaks with Proactive’s Stephen Gunnion about the company’s latest milestone in the Republic of Congo. A memorandum of understanding has been signed with Arise Integrated Industrial Platforms to advance the development of a key port site.

Trahar explained that this partnership addresses a long-standing bottleneck for the Zanaga project, providing certainty in the company’s plans to become one of the largest iron ore producers globally. The port site, regarded as one of West Africa’s best, is integral for handling and exporting high-quality iron ore, with production slated to reach 30 million tonnes annually during Phase 2.

“This step for us is a major de-risking step as we engage our strategic partners,” Trahar noted. The partnership also aligns with the growing demand for high-grade iron ore to support green steel initiatives. The company is poised for multiple milestone announcements in early 2025, including power agreements …