A deal would no doubt fire up interest in SPH and projects at Lebtheinia & Askaf would benefit. Impact on sp obviously depends on the details, anyone's guess ATM but I'm a little more bullish re: short-term.
Whichever scenario eventuates, SNIM railway is well placed to support all 3 projects:
"Socit Nationale Industrielle et Minire (SNIM) is Mauritanias state owned iron ore producer that owns and operates iron ore mines in the Zourate region, a magnetite processing operation as well as dedicated iron ore rail and port facilities to service its customers in Europe and China. SNIM currently export approximately 11Mt/a of iron ore and recently announced a US$710 million credit facility to increase its magnetite sinter fines concentrate output by 4Mt/a and upgrade the rail & port facilities."
same old problem, page-14
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