simandou iron ore project in guinea

China-backed consortium wins $14bn Guinea

The consortium of the Societe Miniere de Boke and Winning Shipping (SMB-Winning) offered $14bn to win a tender to develop part of Guinea's Simandou iron ore project, edging out Australia's

Rio Tinto studies Simandou joint venture29.07.2020· Rio Tinto is studying whether a joint venture with Chinese rivals could be the most affordable way to bring Guinea's giant Simandou iron ore project into development. Rio's consideration of

Fortescue misses out in race for Simandou -

A consortium comprising the biggest bauxite exporter Société Minière de Boké in Guinea, West Africa, has beat Fortescue Metals Group on a tender to develop the Simandou iron ore project in the

Rio Tinto CEO says Guinea's Simandou iron ore

RIO Tinto was making progress with the development of Simandou, a large iron ore project in West Africa's Guinea, said Bloomberg News citing Jean-Sebastien Jacques, CEO of the mining group. "There is more activity in Guinea," said Jacques in an interview on Friday. "COVID-19 remains a concern and the movement is pretty slow, but we are progressing our studies as we speak with our

Rio Tinto CEO says Guinea's Simandou iron ore RIO Tinto was making progress with the development of Simandou, a large iron ore project in West Africa's Guinea, said Bloomberg News citing Jean-Sebastien Jacques, CEO of the mining group. "There is more activity in Guinea," said Jacques in an interview on Friday. "COVID-19 remains a concern and the movement is pretty slow, but we are progressing our studies as we speak with our China consortium wins rights to develop Guinea Although Guinea has some of the world's best deposit of iron ore, it has yet to export a single tonne of the commodity, with attempts to develop Simandou stymied by legal rows and economics.

China-backed consortium wins $14 billion Guinea A consortium representing Chinese, French and Singaporean interests won a $14 billion tender to develop part of Guinea's Simandou iron ore project, sources familiar with the talks told Reuters

Iron-ore-rich Guinea shows much potential"In 2019, the awarding process for the Simandou iron-ore project blocs 1 and 2 was designed as required by the 2011/2013 Guinean mining code, but government received only two offers, mainly

China-backed JV set to start work at Simandou - China is close to granting approval to some of its biggest state-owned companies to start developing the northern area of Simandou in Guinea, one of the world's largest untapped iron ore

Guinea set to supply iron ore from 2026 |

Development of the Simandou blocks in Guinea will not only increase the country's iron ore exports but will also prompt Chinese importers to shift some iron ore imports away from Australia to Guinea approves SMB-Winning deal for Guinea's government approved on Thursday a basic agreement for the development of its giant Simandou iron ore project by a consortium representing Guinea Approves SMB Deal for Simandou Iron 05.06.2020· Reuters reported that Guinea's government has approved a basic agreement for the development of its giant Simandou iron ore project by a consortium representing Chinese, French and Guinea set to supply iron ore from 2026 | Development of the Simandou blocks in Guinea will not only increase the country's iron ore exports but will also prompt Chinese importers to shift some iron ore imports away from Australia to

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