• 2 min de lectura
• 2 min de lectura
A&S Resources Limited has secured funding for a railway that will connect its mineral assets in the Central African Republic through Cameroon to the Port of Kribi, to connect with international export markets, marking a significant step towards unlocking one of the world's largest untapped high-grade iron ore reserves.
The approximately 1,350-kilometer long line will be financed by EXIM Bank (Export-Import Bank of India).
The CAR project is linked to what geologists describe as one of the largest magnetic anomalies in the world. Its resource potential exceeds 20 billion tons of iron ore, predominantly high-grade, with an estimated in-situ gross value of approximately USD 2.5 trillion. In addition to iron ore, A&S Resources also holds critical minerals, rare earth elements, copper, and other strategic resources in the region.
The railway will provide a direct route for these resources to reach global markets through the Port of Kribi, overcoming one of the main infrastructure limitations facing mining development in the landlocked Central African Republic.
The railway is a double-track heavy-haul line, with a capacity of 250,000 tons per day, expandable up to 300,000 tons.
This new infrastructure also has the potential to boost further economic growth in the Central African Republic and Cameroon, fostering job creation, skills development, investment and trade, and generating opportunities for further industrial and agricultural development.
This funding builds on progress announced earlier this year, when A&S Resources signed strategic agreements covering mining development, railway construction, export logistics, and long-term purchase agreements. Topographical and technical studies for the railway had already begun, with commissioning planned for the end of 2026.
The railway project is being developed in collaboration with China Railway Sixth Group (CRSG), a subsidiary of China Railway Group Limited, which has executed over 6,200 kilometers of railway projects across Africa.
Source: Portal Portuario
