The information is contained in LAR's 2024 activity report (until September), to which Lusa had access, according to which the external financing being negotiated amounts to 735 million dollars, of which 535 million comes from the northern financial institution - American DFC and the remaining 200 million from the Development Bank of Southern Africa (DBSA) which gave the loan the green light at the beginning of last month.
The majority of the investment already made was intended to pay the government the concession fee for the consortium formed by Trafigura, Mota-Engil and Vecturis.
Operating and development costs absorbed R$40 million and the mobilization of track maintenance teams, bases and equipment amounted to R$31.6 million.
An advance payment of 30 percent was also mobilized to acquire 450 wagons plus spare parts worth 12 million dollars.
The remainder of the amount was used to purchase maritime containers, spare parts for locomotives, pay insurance, purchase port machinery and for the port of Minas Gerais.
Between January and August 2024, 2665 trains circulated on this railway infrastructure that crosses Angola, from the Port of Lobito to the border with the Democratic Republic of Congo, of which 71 were international freight and 242 were national freight.
690 wagons were loaded and unloaded at the mining port, of which 98 were loaded with sulfur, while another 592 were unloaded with copper.