A 29 page Report which includes Central African Hubs including the Sundance Resources, Core Mining, Belinga, Nkout and Badondo projects. The full Report is based on reasons that China get involved and includes 6 iron ore hubs in West and Central Africa.
Lists All the iron ore projects as of the date the Report was printed, including their Resource figures, Grades, Cost to produce and costs of CAPEX for some. Of the ones with cost to produce, SDL is the lowest at $21 per tonne.
A good Research Report put out by Investec on 19th November 2013.
A couple of quotes from the Report.
Five reasons why China should develop an alternative iron ore hub in West Africa. Africa has more potential than Australia. On paper, the solution is obvious. China should develop iron ore hubs in West Africa as an alternative to Australia and Brazil.
A concerted effort by China to develop West African iron ore supply remains the largest potential supply side shock to the iron ore market in our opinion.
I know some things have changed since this date. The facts about the main Report are still pertinent.
Some listed iron ore companies have had to stop producing. That is mainly put down to their, Grade and Costs to produce. There is a list of all counties in the region with iron ore projects worth speaking about, by country.
Regards
Westcott.
SDL Price at posting:
0.5¢ Sentiment: None Disclosure: Held
