ANS austsino resources group limited

Exploitation of Kribi iron, page-4

  1. 3,211 Posts.
    lightbulb Created with Sketch. 707
    Sounds like low-grade ore, that requires a lot of energy to convert into concentrate.
    Despite the close proximity to Kribi, it would be interesting to know the cost of production per tonne for the resulting ~60% IO concentrate.
    (Which isn't any special over the FMG/BHP/Rio etc stuff from the Pilbara region)

    It's been reported that the high-grade DSO cost from the Mbalam/Nabeba region is ~USD$30/t.
    The context in which this written suggests this is the cost (via rail) to Kribi port.
    And then +USD$15 - 20/t for shipping to Asia.


    https://hotcopper.com.au/data/attachments/4323/4323869-7fb4798acfa00e8463b1a417ba0638fc.jpg

    Screen shot source:
    https://bougna-net.translate.goog/2022/03/21/auto-stop/cedric-ketchanga-bestway-finance-notre-projet-repose-sur-des-accords-de-off-taking-agreement/?_x_tr_sl=fr&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc


    I cannot see the Lobé ore being better bang for the buck, can anyone else?

 
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