Do you reckon this may get some interest??
Rio Tinto sets $6.2 billion price for Simandou iron ore deposit in Guinea
Rio Tinto anticipates the first production from the Simandou operation in 2025, with a ramp-up period of approximately 30 months to reach an annualized capacity of 60 million metric tons, of which 27 million tons will belong to Rio Tinto. The project is being developed in collaboration with Chinese partners and the government of Guinea. It is progressing under the Simfer joint venture, which includes CIOH, a Chinalco-led consortium, Winning Consortium Simandou (WCS), Baowu (a major Chinese steelmaker), and the Republic of Guinea.
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