Page 18 - Simandou News Today

Rio Tinto's long-held ambitions of mining the world's largest untapped supply of high-grade iron ore inched closer this summer...

Political instability in African countries put brakes on China’s multibillion-dollar trade and investments

Despite world-class bauxite and iron ore reserves, Guinea’s minerals and metals have yet to yield significant socioeconomic improvements for citizens.

Guinean law firm Thiam & Associés advised China Baowu Steel Group ("Baowu"), the worlds largest steel producer, on the signing in Beijing

Rio Tinto has been solely funding preparatory work at the blocks it holds at Simandou, one of the worlds largest untapped iron ore deposits, as its Chinese partners are yet to make their...

Rio Tinto has been solely funding preparatory work at the blocks it holds at Simandou, one of the world's largest untapped iron ore deposits, as its Chinese partners are yet to make their funds available, two sources close to the matter said. The Anglo-Australian miner owns two of four Simandou mining blocks as part of its Simfer joint venture with China's Chalco Iron Ore Holdings (CIOH) and the government of Guinea, where the mine is located. It has so far spent more than $500 milli...

When will China be ready to invade Taiwan? Perhaps never. But Xi Jinping is talking a lot about war, and a huge military and naval buildup is underway. It’s definitely something to think about.

Rio earmarked $800m for its share of the development in 2023 and around $2bn a year in 2024 and 2025.

Contrary to claims from the junta and Rio Tinto, work will not get under way properly at Simandou until the necessary funds have been released. This should happen only when Baowu Steel has been

The Chinese group Baowu and Winning Consortium Simandou has just signed a cooperation agreement, so that when the Simandou iron ore mine comes on stream, the steel giant will become the majority