Providing support and guidance to the client during the development of the bankable feasibility study for the port and combined infrastructure elements of the Simandou iron ore project.
The Situation
The Rio Tinto Simandou project, located in the Republic of Guinea, is one of the world’s largest high grade iron ore resource development projects. The projects consists of an iron ore deposit with estimated reserves of over two billion tonnes, a multi-use multi-user railway line and a deep-water port at Moribaya.
InfraCo intends to design and build the new dedicated port to be located in the Morebaya river and associated dredging to handle cape-sized shipping vessels. Joining the port to the mine will be 643 kilometres of railway line and three tunnels.
Approach
PDI required advisory services with regards to undertaking a bankable feasibility study for the Simandou port development. It was important to PDI that the resulting project be supported by a consultant with the relevant experience in producing bankable feasibility studies to international standards (IFC), a prerequisite of Rio Tinto and its partners on the project. Advisian was commissioned to provide guidance as to the expected process and standards which international lenders would expect to see with regards to estimating and execution planning, social, environmental and regulatory issues of delivering the project.
Results
Specialist work undertaken to support the bankable feasibility study included:
- Underwater noise modelling
- Waste management strategy
- Biodiversity monitoring and evaluation
- Water strategy
- Risk assessments
- Security assessments
- Health and safety management plans
- Environmental management monitoring plans and systems
Additionally, Advisian produced the health safety, environmental, security and risk port and rail (infrastructure) documentation.
The project involved workshare with Perth, Sydney, Dubai and London locations providing iron ore specific bankable feasibility study guidance and environmental expertise.
