High Power Exploration (HPX), a privately held company focused on the development of the ultra-high-grade Nimba iron ore project in Guinea, has signed a letter of intent with the government of Liberia and the Guma Africa Group to jointly develop a new multi-user infrastructure corridor connecting Guinea and Liberia.
HPX is an American exploration and development company focused on advancing its high-grade long-life iron ore mine in the Lola region of the southeastern Republic of Guinea. The company’s major shareholder and technology provider is I-Pulse, a U.S. company founded and chaired by Robert Friedland. HPX has a number of high-profile American institutional and private investors as shareholders.
Guma Africa Group is a pan-African diversified investment and operations group involved in mining, infrastructure, tourism and hospitality, information and communications technology, healthcare, human capital development, renewable energy and rail manufacturing, among o