very...

very interesting

http://www.watoday.com.au/breaking-news-business/rio-tinto-still-committed-to-simandou-20090723-dulh.html

Rio Tinto is the world's second-largest iron ore miner and has so far spent $US400 million ($A490.53 million) on the project, which employs more than 900 local workers at the site.

The company has previously said Simandou is similar to Western Australia's iron ore-rich Pilbara region in the 1960s.