KHM – Kalia Rail and Port Infrastructure Development – Guinea - Project Profile
"KHM – Kalia Rail and Port Infrastructure Development – Guinea - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "KHM – Kalia Rail and Port Infrastructure Development – Guinea - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
The Kalia Horizon Minerals Pte Ltd (KHM) a joint venture between China International Fund Limited (CIF) and Bellzone Mining is undertaking the Kalia Rail and Port Infrastructure Development project in the Republic of Guinea, West Africa.
The project involves the construction of 286km rail route and a port facility at Matakan. Of the 286 km rail line, 74km line from the proposed port at Matakan to Moussaya has been agreed in principle with the Government.
It also includes the construction of rolling stock, bulk storage and port loading facilities, power development facility.
In August 2010, the China International Fund Limited and Bellzone Mining have signed the definitive agreements for the purpose of project implementation.
According to the agreement, China International Fund Limited will provide funding and develop the multi-user infrastructure required to support the export of iron ore from the Kalia Mine Project and other projects that will be developed in the area through the Kalia Horizon Minerals Pte Ltd.
Bellzone Mining provides US$1,200 million funds for the project.
On September 2, 2010, the Government of Guinea decreed a protocol accord which provided Bellzone with the exclusive rights to develop an infrastructure solution in a specified rail corridor from the Kalia mine site to the preferred port location of Matakan.
In December 2010, China Construction and Communication Company and China Rail Eryuan Engineering Company were appointed as the feasibility study consultants for the port and rail respectively.
In December 2010, SGS Environmental was appointed to undertake the socio economic impact assessment (SEIA) and environmental impact assessment (EIA) for the project.
Coffey Geotechnics was appointed as the geotechnical consultant, TWP Australia (Pty) Ltd and Ausenco Limited were appointed to provide the project management, mining, power and mine infrastructure aspects of the detailed feasibility Study (DFS) for the project.
The studies recommended for the initial development of a 100mtpa iron ore transport and export system, which will have the capacity to be expanded to a 300mtpa system as the large bulk commodity projects in Guinea are developed.
Currently, the definitive feasibility studies on the rail and port infrastructure to determine the feasibility of the recommended capacity of 100mt/y rail and 300mt/y port are underway.
The rail and port feasibility studies are facing delay due to logistical issues involved with completing the marine geotechnical surveys, which are critical to completing the wharf design and port estimates.
Bellzone Mining is in negotiations with the China International Fund Limited on financing, commercial off take agreements and the transport agreement, however, the final decision will be taken once the CIF's studies on port and rail will complete.
85-percent stake was ultimately divided between CIF , China Sonangol and The Government of Guinea initially would carry a 15-percent stake.
Planning activities are underway.
The Kalia Rail and Port Infrastructure Development project involves the construction of infrastructure facilities for the Kalia mine in the Republic of Guinea, West Africa.
The US$2,700 million project includes the following:
1. Construction of 286km rail facility
2. Construction of port facility
3. Construction of rolling stock
4. Construction of bulk storage facilities
5. Construction of port loading facilities
6. Construction of power development facility
Reasons To Buy