Shining iron-ore future for Sierra Leone possible as Chinese investors commit

The $700-million planned injection by Chinese State-owned mining company Shandong Iron and Steel into an iron-ore processing plant at the Tonkolili mine, in Sierra Leone, has further cemented the West African region’s strong mining outlook, BMI Research said on Friday. The new investment, which was described as the largest industrial investment in the country's history, followed Shandong’s acquisition of the remaining 75% stake it did not own from African Minerals in 2015 after the Ebola crisis halted operations and left the former owner in debt.