The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African ...
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It is overused to the point of being meaningless. But the Simandou mine, located in Guinea, West Africa is going to change the iron ore seaborne market.
The world’s biggest miners, having cashed in on China’s once-rampant demand for iron ore, are starting to reel from the impact of their main customer’s economic struggles.Most Read from BloombergTrump ...
Simandou's remaining blocks 3 and 4 are owned by Rio Tinto as part of its Simfer joint venture with the Chinese firm Chalco Iron Ore Holdings and the Guinean government. First production from the ...
The major producers are posting lower profits and slashing dividends which is expected to accelerate as a new wave of iron ...
Simandou’s mining concession is divided into four blocks. The project is a partnership between Rio Tinto, Chalco Iron Ore Holdings (CIOH), and a Chinalco-led consortium, Winning Consortium ...