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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.

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