Guinea sees first cape-size shipment of iron ore concentrates

Guinea-based mining company Xinyuan Mining SARLU announced on Tuesday the successful shipment of a batch of 62% Fe grade iron ore concentrates produced from its Yomboiley Iron Ore Project in the West African coast country's Forcariah region.

This marks a milestone as the first-ever cape-size vessel export of high-grade iron ore concs from Guinea, and the cargo will be shipped to China with the assistance of Jiangsu Provincial Foreign Trade Corporation (Jiangsu Foreign Trade), a trading firm headquartered in Nanjing, East China's Jiangsu province, Mysteel Global