Insights

District #3 and the adjacent Nimba Range host vast, high-grade mineral reserves undergoing a massive industrial scale-up.

• Production Surge: Annual iron ore shipments are projected to increase from 5 million tonnes to 20 million metric tons (mtpa) in 2026, with further expansion targets reaching 30 mtpa.

• Advanced Processing: The newly inaugurated iron ore concentration facility at Tokadeh is one of Africa’s most technologically advanced beneficiation plants, enabling the production of higher-grade, value-added ore.

• Resource Longevity: A recently ratified amendment (January 2026) extends primary mining rights until 2050, providing a 25-year horizon for long-term capital stability.