PROJECT TO EXPORT 50Mt PER YEAR OF HIGH-GRADE IRON ORE
Investments in infrastructure secured by the very high-grade Banalia iron ore deposit which has already been surface prospected in 1974.
This iron deposit was to supply the
Maluku steelworks
which was a failure because of its very poor location.
Surface prospecting was carried out by the Italian and Belgian companies SICAI/TRACTIONNEL, cf
http://www.thaurfin.com/SICAI.pdf
The prospecting results have been entered into the Excel file published on
http://www.thaurfin.com/SICAI-TRACTIONNEL.xlsx
According
to
a
surface
survey
of
a
sedimentary
deposit
sloping
at
approximately
60°
which
has
formed
hills,
and
extrapolated
to
a
depth
of
only
70m,
the
resources would
be969Mt@65.55%Fe
The results of this survey were discussed at this URL :
https://thaurfin.com/Iron-deposit.pdf
Geological prospecting
Logistic
T
he value of iron ore is often contingent upon its logistics.
The
project
for
an
East/West
railway
to
transport
300Mt
of
iron
ore
from
the
former
Eastern
Province
is
under
study,
the
cost
is
$50
billion
and
the
execution time is well over ten years.
Thaurfin
Ltd,
holder
of
3PRs
1323,
1324
&
1325,
proposes
to
transport
50Mt
per year by river down the Congo River
cf
https://thaurfin.com/RIVER-TRANSPORT.pdf
PROJECT TO EXPORT 50Mt PER YEAR OF HIGH-GRADE IRON ORE
Geological prospecting
Investments
in
infrastructure
secured
by
the
very
high-grade
Banalia
iron
ore
deposit
which
has
already
been
surface
prospected
in
1974.
This
iron
deposit
was
to
supply
the
Maluku
steelworks
which was a failure because of its very poor location.
Surface prospecting
was carried out by the Italian and Belgian companies SICAI/TRACTIONNEL,
The prospecting results have been entered into
this Excel file
According
to
a
surface
survey
of
a
sedimentary
deposit
sloping
at
approximately
60°
which
has
formed
hills,
and
extrapolated
to
a
depth
of
only
70m,
the
resources
would
be
969Mt@65.55%Fe
The results of this survey were discussed at this URL :
https://thaurfin.com/Iron-deposit.pdf
Logistic
The value of iron ore is often contingent upon its logistics.
The
project
for
an
East/West
railway
to
transport
300Mt
of
iron
ore
from
the
former
Eastern
Province is under study, the cost is $50 billion and the execution time is well over ten years.
Thaurfin
Ltd,
holder
of
3PRs
1323,
1324
&
1325,
proposes
to
transport
50Mt
per
year
by
river
down the Congo River, cf
https://thaurfin.com/RIVER-TRANSPORT.pdf
