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Zanaga Iron Ore Partners with Arise for Port Infrastructure Development

Story Highlights
  • Zanaga Iron Ore and Arise will develop port infrastructure for the Zanaga Project.
  • The collaboration marks a significant milestone for enhancing Zanaga’s operational capabilities.
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Zanaga Iron Ore Partners with Arise for Port Infrastructure Development

Zanaga Iron Ore ( (GB:ZIOC) ) has provided an announcement.

Zanaga Iron Ore Company Ltd has announced a Memorandum of Understanding with Arise Integrated Industrial Platforms Limited to advance the development of port infrastructure for its Zanaga Iron Ore Project in the Republic of Congo. This collaboration will focus on key port facilities and services, marking a significant milestone for the Zanaga Project as it aims to enhance its operational capabilities and industry positioning with Arise’s expertise in industrial ecosystems and logistics solutions.

More about Zanaga Iron Ore

Zanaga Iron Ore Company Limited (AIM: ZIOC) is an iron ore exploration and development company with its flagship asset being the Zanaga Iron Ore Project in the Republic of Congo. The project is poised to become one of the largest producers of high-grade premium pellet feed iron ore, backed by significant iron ore reserves and a focus on low-carbon steel production.

YTD Price Performance: -56.00%

Average Trading Volume: 716,347

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £29.73M

Learn more about ZIOC stock on TipRanks’ Stock Analysis page.

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