Sundance Resources Limited is an Australian mining company, based in Perth, Western Australia, whose main assets are iron ore leases in Cameroon near Mbalam, and across the border in the Republic of Congo. Following the loss of the Congo mining licence in 2020, Sundance Resources delisted from the Australian Securities Exchange and sued Congo to acquire $8.76 billion in compensation.[2]
To exploit these leases, a 500 km railway (or perhaps a slurry pipeline) is required to a new multi-user port at Lolabé[3] on the Atlantic coast. However, the development of the project has been postponed due to the market conditions for ore.[4]
The company made headlines in June 2010 when all of the company's directors and some other officers were killed in an airplane crash in the Republic of Congo.[5][6]
^"Consolidated Statements for 2020" (PDF). ASX. Sundance Resources Limited. June 20, 2020.
^"Sundance Resources sues Republic of Congo for $8.8bn damages over cancelled contract". Business Day. December 22, 2020.
^"Chinese company to build West African port for Sundance project". Mineweb. Retrieved 2010-09-14.
^Srivani Venna (January 12, 2016). "Sundance Resources postpones Mbalam–Nabeba iron ore project in Cameroon". mining-technology.com. Retrieved February 16, 2018.
^Missing Aircraft Update Sundance ASX announcement, published: 21 June 2010, accessed: 24 June 2010
^No survivors in plane crash: Sundance Resources The Australian, published: 22 June 2010, accessed: 24 June 2010
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