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Bipindi-Grand Zambi Iron ore

 

The Bipindi-Grand Zambi iron ore mining project is being carried out by G-Stones Resources S.A. under the mining licence No. 223 by Decree No. 2022/524 of 29 November 2022 which has actually been in operation since June 2023. According to this project based on the mining of a deposit with around 150 million tonnes of magnetite ore with an average iron content of 29.45%, is divided into several phases, with the first exports of iron concentrated scheduled for December 2024 at a rate of 2 million tonnes of iron concentrated per year. To date, the company has already imported a mobile crusher with a capacity of 300 tonnes per hour, drilled 112 wells totalling more than 11,900 metres and signed a contract with Shangai SBM for the construction of a mobile crusher with a capacity of 1,000 tonnes per hour. The project will contribute to create more than 3,500 direct jobs and thousands of indirect jobs.