CORRECTED-UPDATE 2-SMB-Winning aims to bring Guinea's Simandou iron ore to market in 2025
3 Min Read (Corrects consortium members in 2nd paragraph, adds that the consortium is developing Simandou through a new company, Winning Consortium Simandou) JOHANNESBURG, Oct 16 (Reuters) - China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea’s massive Simandou iron ore deposit into production by 2025, Société Minière de Boké Chairman Fadi Wazni said on Friday, a tight timetable for a huge mine and infrastructure project. The consortium - which includes Singapore’s Winning Shipping, Guinean mining logistics firm United Mining Supply (UMS), Chinese aluminium prod...
Source: reuters.com