Tsodilo Information Limited: Feasibility Study Towards the Trans-Zambezi Railway Expansion Grootfontein-Rundu-Katima Mulilo
The fresh new cross-edging train opportunity is designed to connect the newest mines and mining factors for the railway system across the Walvis Bay – Ndola – Lubumbashi Creativity Corridor to allow transport of nutrition regarding Copperbelt to help you Walvis Bay
TORONTO, Toward / ACCESSWIRE / / Tsodilo Info Minimal (“Tsodilo” or even the “Company”) (TSX-V:TSD)(OTCQB:TSDRF)(FSE:TZO) since advised of the Ministry regarding Performs and Transportation (Namibia) is happy to announce the Final Feasibility Data (“FFS” or perhaps the “Study”) into Trans-Zambezi Rail Extension Grootfontein-Rundu-Katima Mulilo has been finished.
The study inside the development of the Trans-Zambezi Train expansion away from Grootfontein so you’re able to Katima Mulilo through Rundu from inside the Namibia which will be element of a multinational rail line ranging from Namibia and you will Zambia through the Zambezi part. This new FFS is actually held because of the M Roentgen Technofin Consultants Ltd (Canada) and you will co-funded from the Regulators of the Republic out-of Namibia together with African Development Financial. The new FFS is submitted to the new Ministry from Work and you can Transport, Authorities from Republic regarding Namibia.
Which corridor try really well arranged to solution the two-means trading between the SADC region and you may European countries, Northern and South america and emerging avenues from the Eastern, see Profile 1 getting a regional framework to that particular crucial transportation corridor.
“The brand new suggested rail extension is an important invention for Tsodilo while the it opens a great proximate train transport program toward birth of one’s Xaudum Metal Creation project’s prospective metal points, like metal concentrate, iron pellets, possible head reduced metal (DRI) affairs, and you can Ferrosilicone (FeSi), through the central, eastern and you may southern Africa as well as internationally areas” therefore we is actually encouraged from the study’s conclusions established during the new statement since “The primary achievement of the task is that the proposed 772 kilometer Greenfield line is actually practical off a technical, ecological, courtroom, financial, and you can economic view and must move on. (Volume II, Point eight, webpage 99) [stress additional]” mentioned the company’s President and you will President, James Yards.Read More »Tsodilo Information Limited: Feasibility Study Towards the Trans-Zambezi Railway Expansion Grootfontein-Rundu-Katima Mulilo