Gentlemen, Another article re Togo and the Phosphate Tender......

Gentlemen,

Another article re Togo and the Phosphate Tender...

This article, inter alia, suggests that a decision looks nigh and further that the Tender may also be given to two different parties in relation to the two different aspects of the Tender.

This seems consistent with the announcement made on 23/01/13
by BMB :

" The Tender requirement considers one party to develop and
mine the Project and a second party to undertake downstream
beneficiation on upgraded rock phosphate to produce phosphoric acid and fertilizer products."

BMB also noted in that announcement that they comprehensively addressed the two aforementioned aspects.

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ARTICLE:

Togo: 2 billion tons of phosphate reserves carbonate will not go to one company

Add new comment Monday, March 4, 2013 11:36
Tags: Togo Noupokou Dammipi Phosphates
Agency (Ecofin) - Togo wants to exploit its reserves of phosphates Carbonate of 2 billion tons and double a fertilizer factory but " is not required "to deliver this huge volume one and only one company, said Minister of Transport, Noupokou Dammipi, Acting Minister of Portfolio Energy and Mines he had previously occupied.

" We are not obliged to give 2 billion tonnes at a single company. Similarly, a company can obtain the concession for phosphate and another for the plant , "said Minister Noupokou Dammipi in an interview with the official portal republicoftogo.

For this project of 2 to 3 billion dollars, companies, not least, were shoved to the gate and seventeen bids were recorded. After analysis, five bids were selected for further process started with writing the Consultation Paper companies in which three companies have, for the time, filed their case.

" These companies will submit their final offers that allow the government to choose the partner for phosphate mining and the construction of the acid plant and fertilizer , "said Minister Dammipi, noting that the Final Document of consultation firms may be delivered in mid-April, the three companies bidding to date.
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Source:

http://www.agenceecofin.com/phosphate/0403-9332-togo-les-2-milliards-de-tonnes-de-reserves-de-phosphates-carbonates-n-iront-pas-a-une-seule-societe