24, Mar 2025
SHENG RONG AMODIATION OPERATING PERMIT Condition
  • File Opening FEE: 10,000 USD is Mandatory
  • Location: Télimélé prefecture
  • Mining route: over 35 km; 29 km completed
  • Life base: Realized at 80%
  • Bauxite evacuation port: River dredging
  • Blocks put in Amodiation: 2 blocks / 5 blocks available to the mine
  • Area: 152.8668 Km²
  • Content: 42% to 45%
  • Royalties requested by the owner: to be discussed with the owner
  • Entrance ticket: 10 Million USD
  • Completion of the Life Base, Mining Road and River Dredging: 35 Million USD Or Road Pooling with SPIC using their Port (distance 70 km)
The two partners will join together to create a consortium that will be responsible for managing the mine during the number of years that will be agreed between the partners.

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