{"id":380046,"date":"2024-12-17T16:54:34","date_gmt":"2024-12-17T19:54:34","guid":{"rendered":"https:\/\/anba.com.br\/?p=380046"},"modified":"2024-12-17T16:54:36","modified_gmt":"2024-12-17T19:54:36","slug":"mauritania-expands-iron-ore-transportation","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/mauritania-expands-iron-ore-transportation\/","title":{"rendered":"Mauritania expands iron ore transportation"},"content":{"rendered":"\n<p>S\u00e3o Paulo \u2013 Mauritania will increase its iron ore transport capacity on its railway line, following the approval of a USD 150 million loan by the African Development Bank (<a href=\"https:\/\/www.afdb.org\/en\" target=\"_blank\" rel=\"noopener\">AfDB<\/a>) to the National Industrial Mining Company (SINM). SINM is a company focused on the exploration, research, processing, transportation, and export of iron ore from Mauritania.<\/p>\n\n\n\n<p>According to a news release issued on Tuesday (17) by the AfDB, the loan was approved by the bank\u2019s Board of Directors at the end of November. The credit will allow SNIM to implement a logistics capacity expansion program that will double the railway line\u2019s capacity by 2030. Overall, the project will require USD 467 million. Up to 36 locomotives and 1,743 wagons will be purchased to transport the production to the Nouadhibou iron ore port.<\/p>\n\n\n\n<p>According to the bank\u2019s statement, the investment program also paves the way for the production of higher value-added items by SNIM, such as iron ore pellets, and includes the construction of a photovoltaic solar power plant, in line with the company\u2019s strategy to decarbonize its operations.<\/p>\n\n\n\n<p>SNIM has a significant impact on the Mauritanian economy, according to the AfDB. Last year, the company accounted for about 9% of the country\u2019s gross domestic product, 14% of public revenues, and 37% of the value of exports. The company is the largest in Mauritania and the second-largest iron ore producer in Africa. SNIM employs 6,750 people.<\/p>\n\n\n\n<p><em>Read more:<br><\/em><a href=\"https:\/\/anba.com.br\/en\/mauritania-approves-green-hydrogen-legal-framework\/\">Mauritania approves green hydrogen legal framework<\/a><\/p>\n\n\n\n<p><strong>Translated by Guilherme Miranda<\/strong><a href=\"https:\/\/anba.com.br\/mauritania-aprova-marco-legal-do-hidrogenio-verde\/\" data-type=\"link\" data-id=\"https:\/\/anba.com.br\/mauritania-aprova-marco-legal-do-hidrogenio-verde\/\"><br><\/a><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-380038\">AfDB<\/div>","protected":false},"excerpt":{"rendered":"<p>SINM, a mining company from the Arab country, had a loan of USD 150 million approved by the African Development Bank, which will help it expand the logistics of iron ore transportation.<\/p>\n","protected":false},"author":2316,"featured_media":380038,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[44293,49688,2029,50323,2028,51951],"class_list":{"0":"post-380046","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-afdb-en","9":"tag-africa-3","10":"tag-iron-ore","11":"tag-mauritania-2","12":"tag-mining","13":"tag-sinm-2"},"wps_subtitle":"SINM, a mining company from the Arab country, had a loan of USD 150 million approved by the African Development Bank, which will help it expand the logistics of iron ore transportation.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/380046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=380046"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/380046\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/380038"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=380046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=380046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=380046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}