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Lobito Rail investment to boost Pensana project

Commodities trader Trafigura has commenced a $550 million upgrade of the Lobito Rail Corridor in sub-Saharan Africa that will aid the logistics of mining projects in the area such as Pensana's rare earth mine in Angola. 

Craig Guthrie
A locomotive in Lubang station, Angola - Credit: Mr Data Angola

A locomotive in Lubang station, Angola - Credit: Mr Data Angola

Trafigura said the Lobito Atlantic Railway consortium, consisting of Trafigura, Mota-Engil (an international construction and infrastructure management company), and Vecturis SA (an independent rail operator),...

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