News: FMG UPDATE 1-Guinea's Nimba iron ore project gets green light to export via Liberia, page-2

"The authorisation to export via Liberia applies to the first 5 million tonnes produced at the mines, Magassouba said, beyond which the government will evaluate the feasibility of exporting via a 650-kilometre railway to the Guinean coast."

This part is ridiculous. You can export 5 million tonnes (at what cost logistically & physically extending a line to hook up with a Liberian line) then you have to go back to square one.

This sort of statement from Guinea's mine's minister, reinforces my view that Guinea is too backward to risk the project. FMG should stay away.