If a project company expresses the wish to build a new facility for the purposes of the project, the request must comprise an environmental and social assessment and management plan specific to the requested facility and to the site of the facility. the impact on the local populations and communities of the conduct of the railway operation within the railway area. the geological, environmental, and archaeological nature of the railway area The environmental and social assessment and management plan will be revised upon mutual agreement of the project companies and the state to take into account the evolution of the project and the environmental constraints attached to the project at the time of the renewal of the exploitation permit, if any (for the mine project company) and on the specified dates for the other project companies.įor the term of the railway and mineral terminal concessions, the railway project company, within the surface area of which it is in charge in the railway agreement, must undertake to take any measures and steps required by legislation, international standards and best practice in the railway industry, to identify: However, if in that case, the state does not cause to use the funds in the beneficiation escrow account, the terms of the railway concession and mineral terminal concession will be shortened at the state's discretion to terminate on the 10th anniversary of the date of the release of the funds from the beneficiation escrow account. If there is a positive beneficiation determination and the mine project company does not comply with its obligations in constructing the beneficiation facility, the funds in the beneficiation escrow agreement will be available for financing the construction of the facility using any structure chosen by the state. In that case, the base tariff chargeable to third parties must be completely allocated to the state at the start of year 29. If the mine project company complies with the construction obligations of the beneficiation facility and power station (if required), and upon BF commissioning, the term of the railway concession and mineral terminal concession will be extended from 25 years to 30 years. The exploitation permit may be withdrawn and this convention may be terminated before its term.
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