Page 12 - Simandou News Today

Rio Tinto said Wednesday it expects to spend roughly $6.2 billion to develop its share of the Simandou iron ore project in Guinea. The iron ore buried in…

A big African iron ore project will drive Rio’s spending to $45b over the next three years, and it would be higher if not for deferred decarbonisation spending.

Rio Tinto said on Wednesday its share of capital expenditure to develop the Simandou iron ore project in Guinea and associated rail and port infrastructure would be about $6.2 billion. ...

By Rhiannon Hoyle Rio Tintos single biggest investment over the next few years is likely to be a huge African iron ore project that could reshape global supplies of the steelmaking...

Huge Guinea-located mine expected to come online mid-decade

MARKET WRAPS Watch For: EU retail trade; Germany manufacturing orders, manufacturing turnover; UK Bank of Englands financial stability report, narrow money and reserve balances,...

Rio Tinto PLC on Wednesday said it plans to deliver USD30 billion in capital investment to 2026, as production expected to grow. The London-based mining company said it expects USD10.0 billion of...

Rio Tinto PLC on Wednesday said production at its Simandou mine is expected to begin in 2025, as it pledged to spend USD6.2 billion out of a total USD11.6 billion of initial capital funding. The...

-- Rio Tinto CEO Jakob Stausholm talks about the Simandou project in Guinea, Chinas economy and demand for raw materials, and the mining giants growth strategy. The worlds largest exporter of...

FTSE 100 closes up 26 points at 7,515 BAT takes £25 billion write-down TUI jumps as sales and profits rise 4:40pm: FTSE 100 climbs but its a bad day for...