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- Operations
- Guelb Iron Ore Project
Guelb Iron Ore Project
Mauritania
| Borrower | Mauritania |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Industry |
| Approved | 30.03.1978 |
| Signed | 03.11.1978 |
| Status | Completed |
| Loan Administrator | KFAED |
| Executing Agency | Société Nationale Industrielle et Minière (SNIM) |
| Co-financiers | EIB, KFAED, ABUDF, AFESD, Arab Mining Co., AFDB, CCCE, IBRD, SFD, ISDB |
| OPEC Fund Contribution (US$m) | 5.00 |
| Total Project Cost (US$m) | 510.00 |
The project aims at exploiting low-grade ore deposits at Guelb. Works include: (a) beneficiation; (b) works on the port and railroad; (c) provision of mining equipment and installation of a power plant; (d) housing installation of steel plant;and (e) training.