Millennial Potash Boosts Gabon’s Economy with New Port and Power Plant at Banio

Millennial Potash’s Infrastructure Expansion Drives Economic Growth and Resource Access in Gabon

Editorial Team (ET)October 4, 2026

Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF), a key player in Africa’s potash sector, has announced significant progress on infrastructure for its Banio Potash Project in Gabon. The company’s recent developments on the Mengali Port near Mayumba and a new thermal power plant signal major steps forward in advancing both the project’s operational readiness and Gabon’s local infrastructure capabilities.

Transforming Southern Gabon: Millennial Potash’s Strategic Infrastructure Investments Millennial Potash’s commitment to the Banio Potash Project goes beyond potash production. By supporting infrastructure development in southern Gabon, the company aims to contribute to regional growth, foster sustainable economic activity, and enhance job creation. These efforts also underscore Millennial’s dedication to the Gabonese government’s southern development initiatives, which include industrial growth, eco-tourism, and sustainable agriculture.

The infrastructure developments are vital not only for the Banio Project but for establishing Gabon as a competitive hub for potash production. The company has prioritized creating transport and power solutions to improve the economic feasibility of its potash mining and processing operations. From the Mengali Port to the thermal power station, these investments serve as the backbone of the project’s logistical and operational success.

Mengali Port: A New Gateway for Gabon’s Resource Sector

Located just north of Mayumba, the Mengali Port is integral to Millennial Potash’s vision. This project is part of the Grande Mayumba Programme, a collaboration between the Gabonese government and the African Conservation Development Group. Currently, Covec Gabon, an international construction firm, is undertaking the initial earthworks for the port.

The Mengali Port is planned to progress in phases. Phase 1 includes a 130-meter quay with a 3-meter draft to accommodate barges and landing crafts. Phase 2 will extend the quay to over 300 meters, making it capable of supporting larger vessels for long-haul exports. Once completed, the port will offer a mineral terminal and a 4,000 tons-per-hour (tph) stacker reclaimer system, allowing efficient loading of bulk potash for overseas shipping.

Regional Impact and Strategic Importance of Mengali Port

The port’s development is a strategic investment, not only for the Banio Project but also for the entire southern region of Gabon. By providing export logistics for potash and other resources, Mengali Port will stimulate local job creation and industry growth. For Gabon, the port represents a foundational infrastructure piece that aligns with the government’s vision for economic diversification and industrial development in the region.

Building Reliable Power Infrastructure: The New Thermal Power Plant

In addition to the port, Millennial Potash is investing in a thermal power plant south of Mayumba, a facility designed to support both local and project-specific energy needs. The power plant, which will be relocated from Franceville, is expected to arrive later this year by barge and to be fully operational by mid-2025. Constructed in partnership with the Gabonese government, Perenco Oil & Gas Gabon, and Gabon Power Company, the plant highlights the synergy between public and private sectors.

With an initial installed capacity of 8.5 MW, the power plant has the potential to expand up to 50 MW. The planned infrastructure includes a transformer station in Mayumba and a 20kV distribution line, as well as a 70-km transmission line that will bring electricity to Tchibanga. This power plant is crucial not only for the Banio Project but for creating a sustainable power supply in southern Gabon, providing reliable electricity to local communities and future industrial projects.

Economic and Social Benefits for Gabon

The power and port infrastructure that Millennial Potash is constructing will be instrumental in creating a supportive environment for the potash project while contributing to Gabon’s southern economic strategy. Through job creation and reliable power access, the infrastructure projects serve as catalysts for broader regional development. This aligns with Gabon’s efforts to foster a diversified economy and reduce dependency on imported goods and energy.

The Banio Potash Project’s success will bring long-term benefits, enhancing Gabon’s appeal to investors, supporting local industries, and providing a sustainable economic boost for the Mayumba region. The project’s infrastructure enhancements are expected to elevate Gabon’s profile in the global potash market, creating a pathway to economic growth and regional resilience.

Conclusion

Millennial Potash’s Banio Potash Project infrastructure is making strides, with the Mengali Port and thermal power plant progressing steadily. These efforts reflect the company’s commitment to creating a thriving, sustainable resource hub in Gabon that will serve both the potash sector and the broader economy. By working in tandem with the Gabonese government, Millennial Potash is positioning the Banio Project for long-term success and meaningful impact.

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