Articles, page-19

1. Iron Shipment Goals for 2025:
   

• By the end of the year, CMC aims to ship 400,000 to 500,000 tonnes of iron ore to the port of Kribi.
• The ore will then be exported to China.

Local Processing Requirement:

• 15% of the iron production must be processed locally.
• This will happen at a 100-hectare industrial site in Kribi, operated by Cameroon Steel.
• Site preparation and earthworks are scheduled to begin in the coming weeks for the future steel plant.

Transport Challenges – No Railway Yet:

• With no railway connection currently in place, CMC is forced to transport the ore by road.
• The company has already obtained the necessary permits from the Ministry of Transport, and is awaiting approval from the Ministry of Public Works.
• These road-use permits are expected to be temporary, due to concerns about damage to infrastructure.

Railway Development Underway:

• Acknowledging the limitations of road transport, CMC is actively pursuing the railway component of the project.
• The railway is a multi-billion-dollar investment.
• CMC is trying to bring in major industry players, such as China Railway Construction Corp (CRCC) and its subsidiary, China Railway 20th Bureau Group, to participate in the railway construction.