African-focussed iron ore explorers Sundance Resources and Equatorial Resources are exploring the potential to share rail infrastructure.
Sundance’s Mbalam/Nabeba iron ore project straddles the republics of Cameroon and Congo.
Equatorial’s Badondo iron project is in the north-west of Congo, approximately 90km south west of Sundance’s Nabeba deposit.
The two companies have signed a memorandum of understanding under which they will examine how Equatorial could invest in Sundance’s rail and port infrastructure, or strike a haulage agreement with Sundance.
Sundance plans to construct a rail link to an export terminal in Cameroon, which it will also build.
Sundance entered a similar infrastructure sharing agreement with a private West African company earlier in March.