A&S Resources Secures $6B Rail Financing for $2.5T Iron Ore Project
LONDON – September 09, 2026 -- A&S Resources Limited has secured $6 billion in financing from the Export-Import Bank of India (EXIM Bank) to build a 1,350-km railway linking its mineral assets in the Central African Republic (CAR) to international export markets via Cameroon.
Railway will connect landlocked CAR to Cameroon's Kribi deep-water port
The dual-track, heavy-cargo railway is designed to carry 250,000 tonnes of freight per day, with capacity expandable to 300,000 tonnes. It removes a critical infrastructure bottleneck that has constrained mining development in CAR, a landlocked nation with no direct rail access to seaborne export routes.