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A&S Resources Limited secures $6 billion in funding for a railway to connect its CAR mineral assets to global markets, aimed at unlocking a $2.5 trillion iron ore resource.

PRIVATESep 04, 20263 days ago

Amount Raised

$6 Billion

Round Type

Venture - Series Unknown

Greater LondonMiningMineral

Investors

Export Import Bank Of India

Description

A&S Resources Limited has secured $6 billion in funding for its railway connecting mineral assets in the Central African Republic through Cameroon. This railway will facilitate access to one of the world's largest undeveloped iron ore reserves. The funding is a significant step towards overcoming infrastructure constraints and enabling resource exportation. Strategic agreements related to mine development, railway construction, and logistics have already been signed.

Company Information

Company

A&S Resources Limited

Location

Greater London, England, United Kingdom

About

A&S Resources Limited is focused on unlocking significant mineral assets in the Central African Republic, including one of the world’s largest high-grade iron ore reserves. The company is developing infrastructure to connect these assets to international markets, overcoming challenges faced by landlocked regions. Beyond iron ore, A&S Resources also explores critical minerals, rare earth elements, and copper. Their projects aim to stimulate economic growth and development in the areas they operate.

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