Zanaga Iron Ore Company Limited Share Price (ZIOC.GB.PL)

Marty's trail of breadcrumbs over on LinkedIn continues to give very strong pointers to ongoing FEED activity by the company.....and that means development news is nigh.

In the 30th April RNS Marty emphasised, '..the upcoming FEED phase will not only seek to validate and enhance our technical confidence but critically, develop Zanaga's management plans around environment, community, training, health, water, mine wastes and ultimate closure...'

Yesterday Marty 'liked' a MEC Mining's post on LinkedIn. 'When you select MEC to partner with you on your project ..'

MEC offer these services, which dovetail very neatly with Marty's comments (above and in the RNS):

'MEC Mining is a global technical consulting firm specialising in mining services capabilities across the project life cycle from early-stage exploration through development, mine planning, onsite management to mine closure and rehabilitation.'

https://www.mecmining.com.au/

ps://fr.linkedin.com/in/marty-knauth-49992235

https://au.linkedin.com/company/mec-mining

Huge numbers being tossed about here, including for Gulf 'green steel'.

UAE AND OMAN AGREE ON A $32 BILLION GREEN MEGAPROJECT

The project includes renewable energy initiatives and green steel production capacity..

https://gmk.center/en/news/uae-and-oman-agree-on-a-32-billion-green-megaproject/

Interesting. When even The Express starts talking 'high grade' you know the MSM is receptive to Zanaga news. Simandou's grade is 65.5% compared to Zanaga's 66% for Stage 1, 68.5% Stage 2 for a blended 67.5% .

The rag describes Simandou as, '..the world’s largest and highest-grade new iron ore mine.'

Marty Knauth says, 'Here, hold my beer'.

Our hard, development news is going to be explosive.

19:51, Fri, May 3, 2024 | UPDATED: 19:57, Fri, May 3, 2024

Incredible £5bn mega-project to build 235 bridges and 15 miles of tunnels in tiny country

To transport the iron ore, a new railway line will be constructed connecting the mountainous region to the coast.

A mega rail project in Africa has been given the green light and will provide much-needed investment.

Plans to develop a huge new iron ore mine have been given the go-ahead by authorities in Guinea.

Discovered back in the 1990s, iron ore deposits in the country's Simandou mountains will now be extracted after a deal was struck between Rio Tinto and the Singapore company Winning Consortium Simandou (WCS) - both of which hold majority stakes in the mining complex.

Simandou is poised to become the world’s largest and highest-grade new iron ore mine.

https://www.express.co.uk/news/world/1895485/train-line-tunnels-project-africa-Guinea

No smoke without fire? Banking analysts and media speculate that Glencore could bid for Anglo American, with some making the connection into iron ore marketing.

> We forget, but our 46% shareholder Glencore are very well motivated to see Zanaga developed. This will help them to a dominant position in marketing high grade iron ore for green steel.

Those analysts will catch up eventually, and when they do....

"Unlike BHP, Glencore could benefit from keeping Kumba and marketing iron ore, and Glencore may face less political pushback in South Africa..." Jefferies analyst Christopher LaFemina said in a research note on April 29, where he assessed different takeover scenarios for Anglo American.

https://www.reuters.com/markets/commodities/glencore-studying-an-approach-anglo-american-sources-say-2024-05-02/

The MSM and industry press has yet to join the dots from Green Steel to Zanaga, but when the spotlight does finally shine on Zanaga the resulting SP rise will be truly spectacular.

What will be the trigger? Just a snippet of news that connects any of the Strategics will do it - Baosteel, PIF/MM, whoever.

Marty name-checked 'green steel' in the RNS, and I'm now certain the company are going to major on that in upcoming PR. Then the media will join the dots...

'...This clash of big dirt and high finance suggests that Anglo harbours something worth fighting over. Its big mines indeed tick all the right boxes: high quality and low cost, with the potential to expand. They are also extracting the right stuff at the right time. One of Anglo’s main products is copper, which is in high demand, particularly as tonnes of it will be needed for the electrification of transport and power in the green-energy transition; the red metal’s price has risen by 15% this year. ANOTHER IS HIGH-GRADE IRON ORE, WHICH IS IN DEMAND FOR ITS USE IN FORGING GREEN STEEL...'

https://www.economist.com/business/2024/05/02/why-does-bhp-want-anglo-american