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Ticker: Private
Website: https://sarminmetals.com/
Project Name: Gibi Project and Nimba South Project
Project Location: Liberia
Commodity Exposure: Iron ore, bauxite and base metals
Company & Project Background: Sarmin Metals Pte. Ltd. (SMPL) is a Singapore-based mining company focused on the exploration and development of high-grade iron ore and base metal assets. The company employs a phased, infrastructure-led development strategy designed to reduce capital risk, accelerate production, and create sustainable long-term value. Through its wholly owned subsidiary, West26 Pte. Ltd., SMPL holds the Gibi Mountain and Nimba South iron ore exploration licenses in Liberia. Its flagship Gibi Iron Ore Project is approaching the development stage and benefits from a strategic location just 75 km from the coast, with multiple transportation options providing a clear pathway to export markets. SMPL has completed extensive exploration programs, including geological mapping, airborne geophysical surveys, and more than 14,000 metres of diamond drilling. Results have confirmed extensive high-grade magnetite mineralization, with drill intersections exceeding 62% Fe and mineralized thicknesses of up to 200 metres. SMPL is advancing the Zezia Hills deposit toward an initial production target of up to 3 million tonnes per annum, positioning the company as an emerging supplier of premium iron ore products and a growing participant in Liberia's expanding mining sector.
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