Hi all,
I am piecing together the contacts for ANS, Bestway and its consortium. So far I have this:
ANS will have PPP contracts for the port and rail with both Congo and Cameroon (50 years).
Off-take agreements (10 years): Both Baowu Steel and Tsingshan Minerals Metallurgical Corporation have committed to purchasing all the IO for the first 10 years of production.
We then have EPC contracts with: China Railway Construction Company, Yantian Port Holding Shanghai, China Harbour Engineering Company and Metallurgical Corporation of China. I would also say that there would be a O&M agreement with each of them also (this is not confirmed).
If I have missed anything regarding contracts let me know.
Furthermore Bestway is purely for administrative purposes only. Off the back of this I question for all - We know the proposed rail line goes through 10 major mining deposits and has multiple deposits 20km-50km off the mainline. How will the tenerments be divided if Bestway is only here for administrative purposes...
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