Contract signing February 25, 2022, page-78

This next step is the game winner

By successively taking interests in the construction of the railway and the ore terminal, this consortium of Chinese firms (Bestway and AustSino) is quickly advancing in the plan to take over the mining assets of Australian firm Sundance in the Mbalam iron ore considered as one of the largest iron deposits in the world. Taking those assets is the last step needed for this integrated mining project to pass into the hands of the Chinese consortium, after the failure of Sundance, a long-standing partner in that project, to effectively develop it.