GENMIN ORD
Genmin Gains Chinese Cornerstone backing for Baniaka Iron Ore Project in Gabon
Genmin (ASX: GEN) has received a letter of intent that will see Sino-Hunan International Engineering and Development become a major participant and offtake partner in the development of the company’s Baniaka iron ore project in Gabon.
Genmin de-risks Baniaka with 15-year rail and port agreement
Genmin (ASX: GEN) has locked-in more critical infrastructure for its Baniaka iron ore project in west Africa with the inking a 15-year integrated rail and port agreement. The long-term agreement was secured with Owendo Mineral Port, which will provide Genmin with rail and port services to enable transport of ore from the proposed Baniaka mine […]
Genmin signs non-binding deals with Chinese customers for Baniaka iron ore offtake
African iron ore explorer and developer Genmin (ASX: GEN) has secured two non-binding agreements to sell and deliver fines and lump product from the Baniaka iron ore project in the Republic of Gabon to customers in China. The company has signed deals with China Minmetals Corporation and Changzhou Dongfang Special Steel for a total of 3 million […]
Genmin locks in long-term power agreement for Baniaka iron ore development
Iron ore explorer and developer Genmin (ASX: GEN) has signed a long-term purchase agreement with a state-owned power utility in Gabon for the supply of renewable hydroelectricity to its wholly-owned Baniaka project in central Africa. The 20-year agreement with Société de Patrimoine du Service Public de l’Eau Potable, de l’Énergie Électrique et de l’Assainissement (or […]