Member Info for allthatguff

Recently in November '22 AD Ports teamed up with the company China Harbour Engineering for the Khalifa Port project.

https://www.thenationalnews.com/business/economy/2022/11/25/ad-ports-teams-up-with-china-harbour-engineering-for-cma-terminals-khalifa-port-project/

That is not massively interesting in itself, but linked to this info for Simandou..
"The shareholding of TransGuinean will be split between development partners, with Simfer Jersey and WCS each receiving a 42.5pc equity share and the government of Guinea taking a 15pc free-carry equity stake. Simfer Jersey is a joint venture between the Rio Tinto and China's Chalco Iron Ore — a joint venture of leading Chinese state-owned enterprises including Chinalco, Baowu, China Rail Construction (CRCC) and China Harbour Engineering."

https://www.argusmedia.com/en/news/2355331-jv-may-prompt-simandou-iron-ore-project-restart

A little bit tenuous maybe , but you could see how existing contacts and projects for AD Ports and China Harbour Engineering could spark interest in Iron Ore port in RoC. They could be talking to Arise IIP?? Not inconceivable,as AD ports will be aware of these issues and Saudis green steel initiative. Watch and wàit.

It does appear to be at existing port..

"Denis-Christel Sassou Nguesso, Minister of International Cooperation and Promotion of Public Private Partnership of the Republic of Congo, said: “AD Ports Group has quickly developed an outstanding reputation for the development of advanced, innovation-enabled port and maritime facilities, and we are pleased to work with them on the development of the new terminal at Pointe Noire Port. Their experience and global network will no doubt add significant value to our efforts to make the “New Mole Port” in Pointe Noire one of the best performing ports on the central west coast of the African continent."

https://www.zawya.com/en/business/transport-and-logistics/ad-ports-group-to-develop-new-multipurpose-terminal-in-congo-mz1bs4ah

I think I may have "existing port" bit wrong, or not? Where is the new Mole port in relation to the existing port?. Confusing. Any maps anywhere published? Do you know MM?

Thanks MM, great find, the fact that the United Arab Emirates AD Ports Group is now involved with new development at the existing port is HUGELY significant!! Hmm, I wonder what else AD Ports could be talking about developing :-) ?? Wow!

Also, it appears the UAE is really serious about business in the RoC. They must be a huge contender for a Zanaga full scale developmen!!!?? There is so much smoke, there must be an inferno out of sight??

Not to forget, there may be further 'Arise'news' at some point?? Maybe in conjunction with Zioc and other potential port partners?

.from their website..

"In October 2022, Arise IIP signed a framework agreement with the Republic of Congo for the development of two industrial zones in Pointe-Noire and Oyo. Once operational, the Plateformes Industrielles du Congo – Pointe-Noire (PICP) and Plateformes Industrielles du Congo – Oyo (PICO) will bring in a lot of investment while creating thousands of jobs in sectors like pharmaceutical and agro processing.

The strategic partnership aims to accelerate the pace of industrialisation across the country. The construction for PICP has already begun across an area of 2700 Ha and will be developed in two phases. The project will create more than 5000 jobs for the next five years while adding value and creating local ecosystem for sustainable industrialization in Congo."

https://www.ariseiip.com/upcoming-industrial-zones/

And a previousJune '22 news release mentioned an ore port..

"Arise Integrated Industrial Platforms (ARISE IIP) which will invest 150 million euros in the development of the Pointe-Noire industrial zone and an ore port. The project is a public-private partnership between ARISE IIP and the Republic of Congo, each holding 70% and 30% respectively"

https://www.financialafrik.com/2022/06/07/industrialisation-arise-iip-sengage-aupres-du-gouvernement-congolais/

So there are lot of recent potential threads that may all suddenly tie together? Saudi Arabia investment, hydro electricity, railway, ore port etc? Or it may happen from a totally unexpected quarter? With Glencore fully onboard there is huge hope!

And ZIOC Twitter 23/11/22

"Pleased to have announced the proposed acquisition of Glencore’s stake in the Zanaga Project today. Value accretive deal for existing shareholders, and the catalyst for aligning all partners into value creation at ZIOC level. Look forward to updates soon."

Updates soon?? Come on! Excruciating indeed..

Probably has no time working his socks off at vision blue?

We might receive and end of March update, assuming they have any progress to share??

https://m.miningweekly.com/article/equatorial-resources-makes-11bn-claim-against-congo-2023-03-16/rep_id:3861

https://www.journaldebrazza.com/congo-trois-accords-signes-entre-brazzaville-et-les-eau/

(Google translated)

Congo: three agreements signed between Brazzaville and the UAE
Published on 03.16.2023

"The Republic of Congo and the State of the United Arab Emirates signed three agreements on Wednesday, March 15, 2023, in Abu Dhabi. These agreements concern the economic and tourism aspects, in particular the prevention of double taxation, THE PROMOTION AND PROTECTION OF INVESTMENTS, while the third agreement concerns air transport."

Any crackpot religions you can recommend as well. Are we all controlled by aliens?

Hmmm. Some horse poop goes straight in the bin.

As a long term watcher here, as far as I can see, you are bloddy lucky to get anything out of Russia!!

Maybe your jaded negativity is misleading? You say it is worth zero pence above 1.8 p? That is not a given.

FREE!!

https://www.business-standard.com/article/companies/essar-group-get-back-to-steel-business-with-an-investment-of-8-bn-123030500607_1.html

March 05 2023

"The $15-billion Essar group is making a quiet but big comeback to the steel industry with a global footprint in three mega projects with an investment of $8 billion over three to four years, according to a senior official."

"These include a steel plant in Saudi Arabia, and an iron pellet plant each in Odisha and Minnesota, US."

"The greenfield project the group is setting up in Saudi Arabia will have an investment of $4 billion and a capacity of 4 mt a year of casting and hot-strip steel. It will also include 1 mt of cold-roll coil capacity as well as a tin plate in Ras Al Khair City."

Yes, it's all good! In a very positive position for take off (literally and figuratively) .

You just gotta have faith LT :-)

Ah, so the 85000 shares traded yesterday and uptick was due to the miners on the footsie :-)

.. a careless whisper..
.. should have known better than to cheat his friends, a wasted chance that he's been given..