Dec 6 (Reuters) - Rio Tinto Ltd (RIO) :
- SIMANDOU IRON ORE PROJECT UPDATE
- PROVIDING AN UPDATE TODAY AT ITS INVESTOR SEMINAR ON SIMANDOU IRON ORE PROJECT
- ESTIMATES INITIAL SHARE OF CAPEX TO DEVELOP SIMFER MINE AND CO- DEVELOPED RAIL AND PORT INFRASTRUCTURE PROJECT IS ABOUT $6.2 BILLION
- RIO TINTO'S SHARE OF CAPITAL INVESTMENT REMAINING TO BE SPENT FROM 1 JANUARY 2024 IS EXPECTED TO BE $5.7 BILLION FOR SIMANDOU
- REPORTING MINERAL RESOURCES EXCLUSIVE OF ORE RESERVES OF 1.4 BILLION TONNES AT 66.1% FE AND LOW IMPURITIES FOR SIMANDOU
- FIRST PRODUCTION FROM SIMFER MINE IS EXPECTED IN 2025, RAMPING UP OVER 30 MONTHS TO AN ANNUALISED CAPACITY OF 60 MILLION TONNES PER YEAR
- SIMFER MINE TO INITIALLY DELIVER A SINGLE FINES PRODUCT
News: RIO Rio Tinto Provides Update On Simandou Iron Ore Project
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Last
$118.81 |
Change
1.580(1.35%) |
Mkt cap ! $44.25B | |||
| Open | High | Low | Value | Volume |
| $118.65 | $119.60 | $118.43 | $56.41M | 473.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15 | $118.81 |
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| Price($) | Vol. | No. |
|---|---|---|
| $118.83 | 62 | 3 |
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| RIO (ASX) Chart |