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Exxaro to exploit Congo's Mayoko iron ore project
Venter said Exxaro would probably opt for the small town of Indienne, north of a deep-water port at Pointe Noire on the Atlantic coast, as a location as it might be too difficult to convert Pointe Noire, used mainly as a container port, into a bulk iron ore exporting terminal.
According to Mining Review, Exxaro, which bought Mayoko from African Iron, is also mulling building a new harbour and a power plant at the mine, which has an upside potential of 2.5 billion tonnes of iron ore, Exxaro executive general manager for business development Ernst Venter said. "The decision will probably be to look at Indienne to establish a port which can at least handle this 10Mtpa," he added.
Read the full article on www.miningreview.com.
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