Askaf Explained
Askaf is an iron ore prospect in Mauritania.[1]
Railway
The deposit straddles the SNIM railway 598 km from its port of export.
In 2014, Glencore Xstrata paid $1 billion to SNIM for access to that company's rail and port infrastructure, however, after iron ore prices dropped 40% in 2018, Glencore pulled out of the deal.
See also
References
22.3841°N -12.699°W
Notes and References
- Web site: Sphere Minerals delivers 319Mt maiden resource for Askaf Iron Ore Project - Proactiveinvestors (AU) . 2014-04-03 . https://web.archive.org/web/20140407065025/http://www.proactiveinvestors.com.au/companies/news/7548/sphere-minerals-delivers-319mt-maiden-resource-for-askaf-iron-ore-project-7548.html . 2014-04-07 . dead.