Tsodilo Tips Limited: Feasibility Data To the Trans-Zambezi Railway Extension Grootfontein-Rundu-Katima Mulilo
The latest cross-edging railway investment is designed to hook up the latest mines and you may mining things on the railway network along the Walvis Bay – Ndola – Lubumbashi Creativity Corridor to enable transport out-of nutritional elements regarding the Copperbelt to help you Walvis Bay
TORONTO, Toward / ACCESSWIRE / / Tsodilo Tips Limited (“Tsodilo” or even the “Company”) (TSX-V:TSD)(OTCQB:TSDRF)(FSE:TZO) because advised by the Ministry from Work and you can Transport (Namibia) is very happy to declare that the Last Feasibility Investigation (“FFS” or the “Study”) toward Trans-Zambezi Railway Expansion Grootfontein-Rundu-Katima Mulilo could have been complete.
The study inside the building of Trans-Zambezi Train expansion from Grootfontein to help you Katima Mulilo through Rundu within the Namibia and that’s element of a multinational rail range anywhere between Namibia and you may Zambia through the Zambezi region. This new FFS is presented of the M R Technofin Experts Ltd (Canada) and co-funded of the Authorities of your Republic off Namibia additionally the African Advancement Bank. Brand new FFS try published to the fresh Ministry of Work and Transportation, Authorities out of Republic out-of Namibia.
That it corridor are perfectly arranged so you’re able to provider both-method change involving the SADC part and you will Europe, North and you may South usa and you will emerging areas throughout the East, select Figure 1 having a local perspective to that particular crucial transportation passageway.
“The newest advised railway expansion is an important innovation to have Tsodilo since the they reveals a beneficial proximate train transport program towards birth of your Xaudum Metal Formation project’s potential metal things, such metal focus, metal pellets, potential head quicker metal Your Domain Name (DRI) circumstances, and you may Ferrosilicone (FeSi), during main, east and southern area Africa also globally places” and now we are advised because of the study’s results set forth within the brand new statement as the “The main end of task is the fact that the suggested 772 kilometer Greenfield range are viable out of a technical, environment, court, economic, and you will monetary view and may proceed. (Regularity II, Point seven, webpage 99) [importance added]” stated their President and President, James Meters. Read More