Gateway to export from West Africa for Sundance agreed

A new agreement between China Harbour Engineering Company and Sundance Resources to establish the scope, cost and delivery programme for the proposed bulk materials port at Lolabe, Republic of Cameroon has been announced.
The port is needed to support Sundance’s Mbalam Project in Cameroon and Congo, West Africa.

The deal was signed for CHEC by vice president, Lin Yi Chong, and for Sundance by board chairman, George Jones.
The key agreement commits the Parties to work together to establish the scope, cost and programme for delivery of the Lolabe Port Project sufficient to support planned output of 35m.t.p.a. of iron ore from Sundance’s proposed Cameroon and Congo mines as well as the terms of an EPC Contract under which CHEC would deliver the port project.

The agreement also recognises that the Lolabe Port Project will be integral with the mine peoject itself and the mine rail project.

Sundance chairman, George Jones, said: “I am again delighted to announce that we have reached this agreement with China Harbour Engineering Company. The Lolabe port development is the gateway to export of our planned tonnages from West Africa. CHEC is world renowned in the field of port construction with extensive experience of working in Africa. This follows hard on the heels of our MOU with CRCC China-Africa Ltd as to the Mbalam Rail Project.

“We now have in place MOUs with two of China’s leading infrastructure providers. These agreements will fix the delivery requirements for our logistics infrastructure from mine to ship.
This is another big step forward for our Mbalam Project."

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