China and Burkina Faso have reached a under which China will finance construction of a railway and to develop the Tambao manganese deposit which has estimated reserves of 100-million mt. The Chinese companies involved in the project are yet to be announced. The cost of the project has been estimated at $1-billion. Development of the mine, which is considered the world’s largest manganese deposit, was halted in 2015.
Chinese users are dependent on imported ore as the country’s low-quality deposits decline. China just re-established relations with the African country a few months ago, and has pledged financial assistance.