Chinese-funded Sierra Leone iron ore project commences full-scale operation

(Xinhua/NAN)

A Chinese-funded iron-ore project in Sierra Leone on Saturday announced the commencement of its full-scale operation.

The New Tonkolili Iron-Ore Project, which is invested and operated by Kingho Investment Company Limited (Kingho), a Chinese-owned private company, started operation in September 2020.

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The Chinese company’s Chief Executive Officer Zhao Ting said the project covered an area of 408 square kilometres (40,800 hectares) with a resource capacity of 13.7 billion tons.

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According to him, the project is also equipped with a complete railway and port logistics transportation system.

Zhao said the project would boost the iron and steel industries both in Sierra Leone and China.

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On Jan. 29, the first shipment of iron ore from the project set sail for China.

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