Zanaga Iron Ore Company Ltd is a mining company that is focused on the exploration and development of iron ore deposits in the Republic of Congo. The company's flagship project is the Zanaga Iron Ore Project, which is located in the south-west of the country.
The Zanaga Iron Ore Project is a large-scale iron ore deposit that is estimated to contain over 2.5 billion tonnes of high-grade iron ore. The project is being developed as an open-pit mine, with a planned production capacity of 30 million tonnes per year.
Zanaga Iron Ore Company Ltd is a joint venture between Glencore and the Zanaga Iron Ore Company, which is owned by a consortium of Chinese investors. The company was formed in 2010 and is headquartered in London, UK.
The company's strategy is to develop the Zanaga Iron Ore Project in a phased approach, with the first phase focusing on the development of a 12 million tonne per year operation. The company is also exploring other opportunities in the Republic of Congo, including the potential for a rail and port infrastructure project to support the development of the Zanaga Iron Ore Project.