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Chinese, foreign consortiums reach deals with Guinean government on Simandou iron ore project's infrastructure buildup

China Baowu Steel Group Corp and the joint ventures formed by Chinese and foreign enterprises SMB Winning Consortium and Simfer, have signed an infrastructure buildup agreement with Guinean government, reaching important cooperation consensus on joint investment and development of railways and ports of the Simandou project in Guinea, according to Baowus Wechat account over the weekend.
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