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iron production in guinea

  • PROJECT DESCRIPTION

    Winning Consortium Simandou ("WCS") plans on commencing an iron ore mine in the Kankan Region, Kérouané Prefecture of Guinea, Africa. The Simandou area (Figure 1) is split into four mineable blocks, Block #1, #2, #3 and #4, of which Block #1 and Block#2 (Figure 2) are owned by WCS and is where the Simandou Project is located.

  • Simandou build expected to start in 2024 after almost 30 …

    Rio Tinto (LSE: RIO; ASX: RIO) expects to begin infrastructure work on the massive Simandou iron ore project in Guinea this year following almost three decades of setbacks and scandals. Set to be ...

  • Simandou, Nimba and Zogota: the long and difficult …

    Guinea, which has some of the biggest unexploited iron ore deposits in the world in its south eastern corner, is also one of the countries in which they are the most …

  • Simandou iron ore project update

    SYDNEY--(BUSINESS WIRE)-- Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being …

  • Why Rio Tinto's Guinea iron ore project is starting after 27 …

    Valued at about $20 billion (€18.27 billion), the Simandou project is believed to be the largest iron ore project in the world, with about 2.8 billion tonnes of reserves. Rio Tinto will be ...

  • A rush for 'green' iron is on in Guinea. Will chimpanzees be …

    In December, Anglo-Australian mining giant Rio Tinto announced that it was set to spend $6.2 billion on mining the rich, high-grade iron ore deposits of eastern Guinea's Simandou Mountains, with ...

  • Simandou Iron Ore Project

    The Simandou iron ore project is located in eastern Guinea, approximately 600km from the Guinean coast and 400km from the Liberian coast. Image courtesy of Rio Tinto. The Simandou iron ore mine is located in southeast Guinea, Africa. First production from the mine is expected in 2015.

  • Spotlight | Guinea Robert Friedland's Nimba iron ore dilemma

    Mining mogul Robert Friedland is struggling to get things moving in Guinea. The Nimba iron ore project, which he controls via the Société des Mines de Fer de Guinée (SMFG), a subsidiary of his US-based High Power Exploration (HPX), is still at a standstill four years after its purchase. Conakry is delaying providing a series of guarantees ...

  • World's biggest mining project to start after 27 years …

    Rio Tinto hopes $20bn Guinea iron ore, rail and port plan will pave way for 'new era' of mining. The project is now a partnership between Rio Tinto, the Guinean …

  • Simandou: World's largest untapped high-grade iron ore …

    Simandou: World's largest untapped high-grade iron ore deposit. By Tarren Bolton. January 29, 2024. As the largest greenfield integrated mine and infrastructure …

  • GUINEA : Conakry begins iron ore production with …

    Guinea Forecariah forges ahead of Simandou and Nimba as Guinean iron ore hub. With 175,000 tonnes of iron ore already being produced monthly by India's Ashapura group and a new Chinese company preparing to start prospecting, the Forecariah area is currently Guinea's leading iron ore production zone.

  • GUINEA : Guinean iron ore boom could rekindle mothballed …

    These reports were published in 2013 (AI, 24/09/13), before the project became victim to falling iron prices and disputes between the state and Bellzone's partner, Guinea Development Corp, a subsidiary of China International Fund (AI, 09/12/14). Bellzone then opted to explore for Kalia's nickel resources rather than its iron reserves …

  • China-backed JV to develop giant Simandou north iron ore deposit in Guinea

    Guinea's Societe Miniere de Boke ... Sweden's LKAB cuts iron ore production on railway woes. Reuters | April 10, 2024 | 5:56 am . Guinea's Simandou iron ore project secures $15 billion ...

  • Simandou Iron Ore Deposit, Republic of Guinea, West Africa …

    Once in full production, Simandou North and Simandou South together can produce more than 200 million tonnes (Mt) of good quality steelmaking iron ore a year. Location, geology, and reserves The Simandou deposit is located on the 110km-long Simandou hill range, approximately 650km south-east of Guinea's capital city Conakry.

  • Rio Tinto's board backs Simandou iron ore mine in Guinea

    Rio Tinto Group's board has signaled its support to develop the Simandou iron ore project in Guinea, the world's biggest untapped resource of the key steelmaking ingredient. Rio Tinto controls ...

  • Iron ore: China's Guinea mine is about security, not economics

    The price is now about US$170. Just as the Japanese did in the 1970s and '80s, Beijing has long wanted to inflate global sources of minerals such as iron ore, copper and coal, to give it greater ...

  • Guinea approves joint development deal for Simandou iron …

    By Reuters. February 4, 20248:58 AM PSTUpdated 2 months ago. CONAKRY, Feb 4 (Reuters) - Lawmakers in Guinea approved on Saturday a joint development deal for its giant Simandou iron ore project ...

  • Guinea : Inside the Baowu-Winning Consortium Simandou iron …

    China Baowu Iron & Steel and Winning Consortium Simandou (WCS), the holder of blocks 1 and 2 of the immense iron ore deposit in southeastern Guinea, have finally reached an agreement. More than eight months after Conakry approved the Chinese steel giant's stake in the Simandou project in December, Shi Bing, its chairman, and Lv …

  • LIBERIA/GUINEA : Nimba iron: SMFG still waiting for …

    Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production Guinea, which has some of the biggest unexploited iron ore deposits in the world in its south eastern corner, is also one of the countries in which they are the most difficult to bring into production, principally because of the absence of infrastructures to …

  • Guinea's Simandou iron ore project secures $15 billion …

    The Guinea government announced on Tuesday that shareholders involved in Simandou have signed $15 billion in financing agreements for the iron ore project. The accords provide funds for rail and ...

  • Upcoming Boom In Guinea's Iron Ore Production Remains Threatened By

    We at Fitch Solutions expect Guinea's iron ore production to remain very low in the near term and grow by 2.7% on average annually between 2022 and 2024. We then forecast production to boom and to be multiplied by 251.9% in 2025 and 572.7% by 2026. We expect the substantial increase in production to be driven by the long-awaited …

  • Guinea approves joint development deal for Simandou iron …

    Rio Tinto 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. Rio Tinto holds a 53% stake ...

  • Friedland-backed HPX to fast-track Guinea iron ore project

    The funds will enable the Canadian company to fast-track the development of the project, which is expected to produce an initial 15 million tonnes of iron ore a year, with exports expected to ...

  • Nimba Iron Ore Project, Guinea

    The Government of the Republic of Guinea granted the mining licence in September 2013 and a preliminary feasibility study (PFS) was completed in March 2014. Project construction is expected to start in 2015 after the completion of the bankable feasibility study and financing. Iron ore production is scheduled to commence in the first …

  • Guinea approves railroad and port plan for …

    The move is key to Guinea's economy and Simandou's development, ... Sweden's LKAB cuts iron ore production on railway woes. Reuters | April 10, 2024 | 5:56 am .

  • Rio Tinto brings forward Simandou iron ore production to …

    Rio Tinto on Wednesday brought forward the start of production from its giant Simandou iron ore project in Guinea to 2025 with plans to spend about $6.2 billion including on port and rail ...

  • Mineral-rich area of Papua New Guinea opens door to mining …

    An autonomous area of Papua New Guinea scarred by a violent history of exploiting its vast mineral resources has lifted a 40-year-old ban on new mining, looking to start churning out iron ore and ...

  • GUINEA/LIBERIA : Guinea and Liberia iron ore rail projects …

    This worried the Société des Mines de Fer de Guinée (SMFG), which operates the Nimba iron ore project in south-eastern Guinea. It plans to link up with ArcelorMittal's track to export its future production, and it saw the September deal as reducing its scope for negotiation with the firm (AI, 17/11/21).

  • Simandou iron ore project stakeholders secure $15bn financing

    The project is reputed to be the biggest untapped iron ore reserve. Credit: Mr. Tempter via Shutterstock. Shareholders in the Simandou iron ore project in Guinea …

  • Mining Weekly

    There will be an openpit iron-ore operation in the Simandou range, in south-eastern Guinea, with an expected peak production of between 95-million and 100-million tonnes a year. Simandou's ...