A&S Resources says it has secured funding for a $6 billion railway that could turn its Central African Republic iron ore deposits into a major export project, clearing one of the biggest infrastructure hurdles to developing what it describes as a $2.5 trillion resource base.
A&S Resources Secures Railway Funding for CAR Iron Ore

The proposed 1,350-kilometre line, to be financed by India’s Export-Import Bank and built with China Railway Sixth Group, would link landlocked CAR to Cameroon’s deep-water Port of Kribi and give the company a direct route to international buyers. For investors, the financing matters because without rail access, even world-class deposits can remain stranded and effectively worthless in commercial terms.
A&S Resources said the railway would carry 250,000 tonnes of cargo a day, with capacity to scale to 300,000 tonnes, giving scale to a project that claims more than 20 billion tonnes of predominantly high-grade iron ore potential. The company also holds critical minerals, rare earths and copper in the region, expanding the optionality for future development if the infrastructure is completed.
The announcement builds on agreements earlier this year covering mine development, export logistics and long-term offtake, suggesting the company is moving from geological promise toward execution. Topographical and technical studies are already under way, with operational mobilisation slated for the end of 2026.
The broader economic stakes are significant for CAR and Cameroon, which stand to gain jobs, trade flows and ancillary investment if the corridor advances. But the project still faces the usual risks around engineering, permitting, political stability and financing discipline before any ore reaches port.
For miners and infrastructure backers, the story is simple: the rail line is the real unlock, and its progress will determine whether A&S Resources becomes a frontier-market resource developer or remains a paper asset with eye-catching numbers.
| Entity | Gains | Losses |
|---|---|---|
| A&S Resources | ▲Asset monetization path | ▼Infrastructure risk |
| CAR and Cameroon | ▲Jobs and trade | ▼Disruption risk |
| EXIM Bank of India | ▲Strategic financing role | ▼Credit exposure |
| Rival iron ore miners | ▲Less first-mover advantage | ▼Competition from new supply |