logo-loader
viewKogi Iron Ltd

Kogi Iron confident of Nigerian steel potential

Kogi Iron (ASX: KFE) managing director Martin Wood tells Proactive the company has proved it can process iron ore into steel, and is confident in its community agreements with Nigerian authorities and communities.

Wood also says Nigeria's nascent middle class will drive a strong demand for steel, which the country is currently importing. Kogi Iron will be a "disruptive", superior quality steel provider for rebar customers, says Wood, and a "positive force" for the whole country.

Quick facts: Kogi Iron Ltd

Price: 0.065 AUD

ASX:KFE
Market: ASX
Market Cap: $50.25 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Black Rock Mining enters EPC framework agreement with China Railway Seventh...

Black Rock Mining Ltd (ASX:BKT) chief executive officer John de Vries updates Proactive on the company entering into a non-binding Cooperation Framework Agreement with China Railway Seventh Group (CSRG). China Railway Group is one of the largest construction companies in the world. The...

33 minutes ago

2 min read