https://m.miningweekly.com/article/guinea-orders-halt-at-simandou-iron-ore-mine-project-2022-03-11-1
Guinea orders halt at Simandou iron-ore mine project
11th March 2022 BY: REUTERS
CONAKRY - Guinea's ruling junta has ordered the cessation of all activities at the massive Simandou iron-ore deposit owned by Rio Tinto and a Chinese-backed consortium, saying it was seeking clarification on how Guinea's interests will be preserved.
Simandou, in Guinea's remote south-eastern corner, is the largest known deposit of its kind, holding more than two-billion tonnes of high-grade ore, but its development has been stalled by protracted legal disputes and the cost of infrastructure.
In a statement read on national television late on Thursday, Guinea's interim government said interim president MamadyDoumbouya, who took power in a military coup in September, had not seen progress towards developing the long-stalled project….
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