Zanaga Iron Ore Share Discussion Threads

[xcap1] 08/11/2023 13:40

Lol thumbs up emoji

[xcap1] 08/11/2023 13:39

60 mtpa is insane , the revenues (remember we command a premium over plates as it's 66% - 68% purity) and free cash flow are mind blogging

[xcap1] 08/11/2023 11:15

Well if 'over 20%' cost savings can be made on the capex that is huge , over 400 m ! And that's stated in their rns, so it's an expect ion rather than a hope

[runnerpete22] 07/11/2023 09:00

Full details of todays update/RNS

hxxps://www.zanagairon.com/wp-content/uploads/2023/11/Zanaga-Investor-Presentation-1-Nov-2023-1.pdf

PLUS..The latest tweet from

Courtesy of alwayshoping over on LSE....latest tweet from Bob Wilt, CEO at Ma’aden Minerals

2w • 2w •

Looking forward to being part of #FII7 this week in Riyadh, where I will be discussing the pivotal role Maaden plays in transforming the mining sector, establishing itself as a crucial pillar of #SaudiArabia’s economy and strengthening resilience throughout global value chains.

Catch me on "The Mines that Rule the World" panel session and during a fireside chat on “Vision: Unearthing Global Prosperity.” Tune into the sessions here:

[runnerpete22] 06/11/2023 08:53

Could we have interesting news this week??

We know all about the Saudi Vision 2030 project and the huge quantities of green steel required. We know all about the Saudi PIF backed Manara Minerals and their stated aim of acquiring iron ore from Africa. At this moment in time, they have not announced anything, or at least "publically". We know from last week, various Chinese entities have signed agreements re "infrastructure !!!" in Africa. We also learned last week of snippets of info from this summers Chinese Geological reports relating to iron ore in Africa. All this info is available over on the two Zioc threads on LSE and makes for very interesting reading. And yesterday evening, the following info...

Riyadh, Rabi’ al-Akhir 21, 1445 AH, corresponding to November 5, 2023 AD, SPA

will launch in Riyadh next Thursday, the work of the Saudi-Arab-African Economic Conference, with the participation of leaders, decision-makers, elite officials in Saudi Arabia, Arab and African countries, financial, business and investment leaders from the governmental and private sectors, trade unions, and organizations. International and prominent figures in academic circles and think tanks, at the Hilton Hotel in Riyadh.

His Excellency the Minister of Finance, Mr. Mohammed bin Abdullah Al-Jadaan, confirmed that the Royal Highness’s approval to hold this conference reflects the wise leadership’s keenness to consolidate the Kingdom’s relations with the African continent, which is one of the most important axes for the future of the global economy. It also comes as an extension of the Kingdom’s efforts to enhance economic cooperation and coordination and benefit from opportunities. Investments available in both countries.

He explained, "Within this context, the conference aims to consolidate the foundations of the Saudi, Arab, and African partnership in a number of economic and investment aspects, including achieving food security, strengthening agricultural, industrial, mining, and commercial partnerships, and concluding new partnerships between African and Saudi entities, in addition to creating a platform for exporters and importers." From both sides, and to review opportunities for cooperation in the energy sector and its sustainability to enable and enhance economic growth.

His Excellency pointed out that the conference seeks to provide a platform for all international and regional development banks, institutions and funds whose ideas and projects can be crystallized through dialogues and discussions that will be addressed within the conference activities. It will also constitute an opportunity to highlight the attractiveness of the investment environment in the Kingdom of Saudi Arabia and African countries.

It is noteworthy that the conference activities include seven sessions, in which a number of Their Highnesses and Excellencies, leaders and decision-makers in the economic, financial and investment sectors participate and shed light on a number of topics, the most prominent of which are: the role Sustainable energy partnerships and their importance in facilitating access to energy sources, strengthening cooperation frameworks to achieve food security, investing in business development, infrastructure, human capital, industry and mining, harnessing tourism for growth, and enhancing cooperation to achieve sustainable development. The conference will also witness the signing of a number of agreements." As usual, NAI, DYOR, etc etc.

[xcap1] 05/11/2023 23:21

Interesting https://www.mining.com/web/chinas-grip-on-africas-minerals-sparks-a-us-response/

[xcap1] 02/11/2023 15:45

There's a lot of AIM trash there and I agree with re the pump and dump brigade ...This is a long term play and I suspect pretty much all of us here know this and aren't too phased which way the sP travels up or down

[texaschaser] 02/11/2023 14:28

Struggling.

[extrader] 02/11/2023 10:56

hxxps://www.linkedin.com/events/7120518203612504064/comments/

Interesting Woodmac presentation on industry prospects/issues.

[xcap1] 30/10/2023 10:57

From mining.com Green steel

[runnerpete22] 29/10/2023 11:04

A couple of very imformative posts ,courtesy of Minerminor over on LSE.

1)..Yes!! - The narrative moves our way.Today 07:30
We've been bouncing around here on AIM, largely because the wider market hasn't got the essential proposition:

That in a world of 'Net Zero' the ONLY PRACTICAL SOLUTION to make green steel is high grade iron ore and hydrogen.

Analysts and commentators have been very slow to join the obvious and logical dots, and hence the amazing Zanaga proposition hasn't been recognised by the wider market. When the penny finally drops our re-rate will be stratospheric.

Anyway, here's a Bloomberg re-print from yesterday that gets very close to the final message. Essentially the Pilbara risks being stranded, beneficiation tech for low-to-medium grade ores is making very slow progress, and the solution lies in the likes of Simandou. Here're some filleted highlights. Enjoy.

FOR THE FIRST TIME IN A GENERATION, THE SPECTRE OF DISRUPTION LOOMS OVER MINING’S MOST RELIABLE PROFIT GENERATOR.

'....steel producers are under pressure to clean up a sector that accounts for at least 7% of global greenhouse gas emissions, a change that will require new methods and higher-quality raw materials. Much of the dry, dusty Pilbara region’s gargantuan resource base may no longer make the grade.

( )

“Australia’s ore industry is now at the start of a long-term structural decline,” said Tom Price, a London-based analyst at Liberum Capital Ltd. “It’s a fundamental shift that will resonate across the Australian economy.”

( )

But Australia’s typical iron ore has a grade of between 56% and 62%, making it largely unsuitable for DRI production — or only with additional processing that could add as much as 25% to costs, according to Wood Mackenzie Ltd.

( )

“The premium for higher grade material is going to increase significantly,” said David Cataford, chief executive officer of Champion Iron Ltd., a competitor to Australian producers which supplies higher-grade iron ore from Canada. “If you’re producing lower grade, we do feel it’s going to be more complicated in the medium term.”

( )

The biggest miners say they already produce the better stuff. Vale SA, which ships higher-quality raw material from Brazil and expects to command a green premium in future, is among those eager to forecast a world that favours richer ores. But higher-grade production — with an iron content of 66% or more — currently makes up only about 3% of global supply, so the race is on to crank up output from projects like the expansive (and expensive) Simandou development in Guinea, in which Rio is an investor.

“There’s an obvious shortage if demand ramps up during the course of decarbonization,” said Liu Yinghao, technical director at the low-carbon metallurgy innovation center of China Baowu Steel Group Corp., one of the world’s top steelmakers.

6:30 AM · Oct 29, 2023 916 Views



2)RE: Yes!! - The narrative moves our way.Today 09:51
Another home run today for Zanaga, this time as the South China Morning Post analyses Chinese imperatives in developing Simandou. Every factor similarly underlines the extraordinary business case for Zanaga. Sooner or later the media will join the dots and Zanaga will be mentioned in the same breath as Simandou.

'...Liz Gao, senior analyst in iron ore at commodities consultancy CRU Group, said the Simandou iron ore project’s capital expenditure is estimated at more than US$20 billion, and the break-even price for the mine would be US$70 per tonne during ramp up, and US$60 per tonne when producing at full capacity.

Observers say the Guinean iron ore will help China diversify its suppliers to avoid excessive dependence on Australia amid strained ties in recent years, as well as its drive to achieve resource security and to decarbonise the steel value chain since Simandou offers higher-grade ore.'

There's also this:

'“[Chinese] President Xi Jinping launched a plan [on the Brics summit margins] in Johannesburg in August to foster African industrialisation – perhaps the plan is also to use Simandou’s ore for this plan too,” Johnston said.

She said because Zimbabwe is about to inaugurate Africa’s largest steel mill, perhaps some of the ore from Simandou will go there as well. Chinese steel giant Tsingshan Holding Group is building a US$1 billion iron and steel plant in Zimbabwe through subsidiary firm Dinson Iron and Steel.

Gao of CRU Group highlighted China’s aim to diversify its iron ore suppliers to avoid dependence on Australia and Brazil, which account for 82 per cent of global seaborne iron ore exports.

She said though low-grade ores are in high demand now, the steel industry’s aim to decarbonise the sector will lead to a growing demand for higher-grade ores.'



Zanaga is cheaper, likely quicker, has less political risk (we hope!) while having similar grades to Simandou. Furthermore Pointe Noire could be the optimal spot to build out a low-to-zero green steel complex. Huge quantities of natural gas already come ashore there.

When the wider market gets to figure out all Zanaga's positives the re-rate could be truly spectacular.

[extrader] 24/10/2023 20:19

Thanks for that informative contribution.

[texaschaser] 24/10/2023 16:35

This might help given no bags left.

[extrader] 24/10/2023 15:32

Hat tip to alwayshoping




The case in a nutshell:

.."Australia’s iron ore will require smelter technology(1) to achieve DR grade, while Brazil has high-grade ore(2) but faces operational challenges at mine sites. The Middle East meanwhile imports ore feedstock from both (3) and will see Vale set up metallics mega hubs going forward. The region already has the DRI technological edge...."

M East has technological edge that Oz lacks; doesn't have Brazil's operational challenges; and currently imports ore from both...once it secures its own supply of high-quality ore, it's unencumbered and master of its fate.

And -also from the article - it'll be cost-competitive in both EU and Chinese markets.

It's almost as though Woodmac's written the blurb for ZIOC's next market communication.....

AIUI

[texaschaser] 24/10/2023 14:44

Told you so

10 gazillion billion LOL

I am forecasting 1p

[texaschaser] 19/10/2023 08:38

Hop and drop, skip and drip drip drip

[texaschaser] 13/10/2023 15:43

Celebrating the weekend with a 10% drop. LOL

[runnerpete22] 13/10/2023 14:01

Oopsies. Texas has just been let out of school early today: must be half term next week.

[texaschaser] 13/10/2023 13:06

Rampers on here are rubbish. This should be multi gazillion billions in a week LOL

[texaschaser] 12/10/2023 12:15

oopsies no bags left

[xcap1] 05/10/2023 21:07

Champion iron is a good comparison . 15m tons pa 66% fe content pellet feed , 52 week high mcap $4billion CAD Ferrexpo b4 Russian invasion 5billion CAD mcap

[xcap1] 05/10/2023 21:00

Great article and yes that's why I'm in Zioc . I was also in black iron Bki (Tsxv) but the Ukraine war wiped out my investment . They have a very high purity fe content of 66% , it'll get there but but it's another 10 year story now. Green steel is the future I'm in cerrado gold , fantastic gold project but check out there presentation and have a look at their iron ore asset bought from Voyager metals earlier this year , ready to go and the Uk financing almost in place , the irr and free cash flow is truly insane . Zioc will get there and we can now hopefully look forward to real positive news flow rather than speculating when and what the next rns will reveal