IPNEWS: The authoritative Independent Probe Newspaper is gathering Information from the Republic of Guinea that the government of the Republic of Guinea is considering the cancellation of all former agreements with Ivanhoe Atlantic due to the ongoing cross border tension.
Intelligence sources hints that the Guinean government has decided to cancel these agreements due to Liberia’s constant waves of seeking diplomatic resolution to regain a disputed land situated between the two borders.
Even though this report remains unofficial, Ivanhoe Atlantic’s $1.8 billion iron ore project is currently facing severe roadblocks that have brought development to a near-standstill.
The project, which intends to export Guinean iron ore through a Liberian rail corridor, is being undermined by Guinea’s shift toward internal infrastructure.
Sources tell IPNEWS that the Guinean government has signaled a strong preference for exporting its mineral wealth through its own territory via the newly completed Simandou railway to the port of Morebaya.
Despite Liberia ratifying a deal to grant Ivanhoe rail access, Guinea has reportedly not provided the legally required written authorization for the transshipment of its ore through a neighbor.
The project’s proximity to the Mount Nimba Strict Nature Reserve, a UNESCO World Heritage site, has led to intense environmental scrutiny and regulatory delays in Guinea.
In February 2026, Bronwyn Barnes, the CEO of Ivanhoe Atlantic, resigned, a move widely interpreted by analysts as a sign that the cross-border project is in “serious trouble”.
A Liberian Senate committee recently warned that without Guinean approval, the multi-billion dollar agreement risks becoming symbolic or “stranded”. The committee even proposed an amendment that would automatically terminate the deal if Guinea does not grant transshipment rights within five years.
The Guinean government has constantly accused the Liberian government of illegal mineral mining’s in the Makona River which separates the both countries and undermines the MRU Treaty but this accusation has since been denied by the government of Liberia.
Early March 2026, Guinea Independent Newspaper L’Indépendant, is reporting that illegal mineral mining operations were brought to the attention of the Liberian government which fail to act thus prompting the Guinea military to seize equipment which was later release.
The government of Liberia has since distance itself from the granting of any mineral rights for mining in the Mano River.
Électricité de Guinée (EDG) also reported ‘technical issues’ with generation, henceforth, all power supply will be reduced to Liberia until the issue is ‘resolved’.
Despite these warning signs, both Ivanhoe Atlantic and the Liberian government is pressing ahead, framing the rail deal as a geopolitical victory aligned with U.S. strategic interests. Yet Guinea’s infrastructure plans, environmental sensitivities around Mount Nimba, and deep alignment with Chinese partners were never hidden.
Analysts now say the project was built more on diplomatic optimism than hard commercial guarantees.
Analysts also said the stopping if Guinea Iron Owe to come and be shipped through Liberia is creating panic amongst who are hoping that this deal will bring job creation and have a huge impact on the country’s economy.
The Guinea authorities said that they will not allow Ivanhoe Atlantic to take their Iron ore and bring it to Liberia that is constantly involved in undermining the Mino River Union Treaty and illegal mining.
In December 12, 2025, a Senate committee also criticized the Executive Branch for failing to provide the requested documentation ahead of a public hearing. Documents submitted by the Ministry of Transport were largely outdated and failed to demonstrate recent engagement with Guinea.
“All documentary evidence before the Committee indicates that the last formal communication between the Governments of Liberia and Guinea occurred in or about August 2021,” the report noted.
Despite all these warnings, the Senate voted to concur with the House of Representatives and passed the agreement.
Guinea Moves in a Different Direction
Meanwhile, Guinea has made clear—both under its former military government and the current administration—that it intends to export its iron ore through its own infrastructure. This strategy centers on the massive Simandou project and a Chinese-backed 670-kilometre railway to the port of Morebaya.
That policy direction directly undermines Ivanhoe Atlantic’s plan to route Guinean ore through Liberia. Liberia cannot compel Guinea to redirect its exports, nor does it control Guinea’s mineral resources.
If Guinea refuses authorization—as current signals suggest—the US$1.8 billion Liberia-Ivanhoe agreement risks becoming largely symbolic.
Ignoring the Writing on the Wall, What’s at Stake for Liberia
For Liberia, the fallout is as much reputational as economic. The government invested significant political capital in promoting itself as a regional logistics hub, only to confront the limits of infrastructure diplomacy.
If the Ivanhoe project stalls or collapses, it may reinforce investor skepticism about Liberia’s ability to translate high-profile agreements into operational realities.
A Project at a Crossroads
Barnes’ resignation underscores a stark reality: without guaranteed rail access in Liberia and explicit export authorization from Guinea, Ivanhoe Atlantic’s flagship project remains stranded—geographically, commercially, and politically.
Unless Guinea dramatically shifts its posture or regional export logic is renegotiated, Liberia’s celebrated rail deal may stand as another cautionary tale of ambition outpacing leverage in West Africa’s mining politics.
