Another major step forward to the operationalisation of La Compagnie du TransGuinéen (CTG)
Conakry, République de Guinée – SimFer, la coentreprise entre le Gouvernement de la République de Guinée, Rio Tinto et le consortium CIOH dirigé par Chinalco, a franchi un nouveau jalon majeur avec l’arrivée, en toute sécurité, des quatre premières locomotives de la CTG au port de Morébaya. Il s’agit des premières d’un total de 78 locomotives commandées par Rio Tinto SimFer en juillet 2024 pour le compte de La Compagnie du TransGuinéen (CTG), l’entité créée pour détenir et exploiter les infrastructures ferroviaire et portuaire liées aux mines de Simandou.
Purpose-built to support Africa’s largest mining and infrastructure development project, the locomotives will be central to transporting high-grade iron ore from Simandou mines to the new port facilities in Morebaya, in Forécariah. Covering a distance of 670 kilometres, the TransGuinean railway will for the first time connect Guinea from east to west, opening new opportunities for trade, agriculture, and passenger travel. The arrival of these locomotives underscores the importance of rail infrastructure for the successful completion of the Simandou project.
Chris Aitchison, Managing Director of Rio Tinto SimFer, stated: “This is a landmark moment for the Simandou project and for Guinea. The locomotives are a visible sign of the progress we are making, and the future benefits the TransGuinean railway will bring by connecting communities, enabling trade, and supporting sustainable development across the country.”
Mamoudou Nagnalen Barry, Chairman of La Compagnie du TransGuinéen, emphasized: “The TransGuinean is swiftly transforming from vision to reality, and we are proud to work hand in hand with our industrial partners to bring CTG into full operation. We are committed to establishing the TransGuinean corridor as a significant driver of local business development and as a catalyst for Guinea’s economic growth and community prosperity, in line with the Simandou 2040 vision”.
The Compagnie du TransGuinéen (CTG) will operate the railway and port, ensuring long-term sustainability under Guinean leadership. CTG is a joint venture between Rio Tinto SimFer and Winning Consortium Simandou (WCS), who each hold a 42.5% equity share, alongside the Government of Guinea, which holds a 15% free carry equity stake. After a 35-year operating period, ownership of the entire infrastructure will be transfered fully to the Government of Guinea, making it a transformative national asset.
With the arrival of the first four locomotives, and further deliveries scheduled in the coming months, the project remains on track. This milestone marks yet another demonstration of progress toward delivering the Simandou project, creating opportunities for Guinea’s people, and positioning the country as a global leader in high-grade iron ore production.