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NATIONAL IRON ORE CO

Sector: Mass Transit • Location: Liberia

Source: World Bank Group

Project
Closed

The project's objectives are to rehabilitate NIOC's iron ore mining operations and reestablish its financial viability. Beneficiated ore output would be increased from 2.3 to 3.25 million long tons per year, and infrastructure facilities would be improved and equipment would be installed to reduce operating costs. The project would improve the railroad to the port at Monrovia, repair the St. Paul

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Project Information

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The project “NATIONAL IRON ORE CO” is an infrastructure initiative in the Mass Transit sector, located in Liberia. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

closed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

Contact name

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Phone

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Email

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Address

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Description

Description

The project's objectives are to rehabilitate NIOC's iron ore mining operations and reestablish its financial viability. Beneficiated ore output would be increased from 2.3 to 3.25 million long tons per year, and infrastructure facilities would be improved and equipment would be installed to reduce operating costs. The project would improve the railroad to the port at Monrovia, repair the St. Paul River railway bridge, and provide additional mining and miscellaneous support equipment; management and technical assistance to execute the project and improve the Company's operations would also be provided. The project would benefit about 2,000 workers directly and some 16-18,000 people indirectly.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

Region

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County

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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