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Component
Simandou (Mine)
extractive
Cities
Simandou
Guinea
Cost
$5.1b
$5,100,000,000
Phases
operational, 2024
Objective
The world’s biggest mining project, a $20bn iron ore, rail and port development in a remote corner of west Africa
Description
With high-grade ore reserves estimated at over 2 billion tonnes, Simandou is considered the largest untapped iron deposit in the world.
Capacities
60000000 Tonnes Iron Ore Per Year
Finance
$ investment
Rio Tinto Company
$ investment
Chinalco Company
$ investment
Winning International Group Company
Operators
Rio Tinto
Company
Chinalco
Company
Winning International Group
Company
Sources
www.ft.com
www.riotinto.com
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