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Zanaga Iron Ore ( (GB:ZIOC) ) has provided an announcement.
Zanaga Iron Ore Company has set out a packed Q1 2026 schedule for advancing its flagship Zanaga Project, confirming that a suite of project value enhancement workstreams completed in 2025 are now undergoing final board review ahead of detailed results being published on 6 January 2026. The company will follow this with a February project development strategy update incorporating FEED outcomes for its DRI-focused process plant, revised capital and operating costs, and an integrated plan covering logistics and infrastructure, while in parallel running a strategic partner process to secure initial investor offers and agree transaction terms with a preferred partner during the first quarter, a timeline that could prove pivotal to funding and bringing one of the world’s largest potential iron ore mines into development.
More about Zanaga Iron Ore
Zanaga Iron Ore Company Limited is an iron ore exploration and development company listed on AIM, focused on its 100%-owned Zanaga Iron Ore Project in the Republic of Congo. The project holds a 6.9 billion tonne resource and 2.1 billion tonne reserve and is designed to produce 30Mtpa of high-grade, low-impurity DRI pellet feed, positioning it as a potential large-scale, low-cost supplier to the growing low-carbon steel market, with key permits already secured and a 2024 feasibility study confirming strong economic viability.
Average Trading Volume: 685,995
Technical Sentiment Signal: Buy
Current Market Cap: £63.51M
See more insights into ZIOC stock on TipRanks’ Stock Analysis page.