FMG 0.87% $21.57 fortescue ltd

https://m.miningweekly.com/article/guinea-orders-halt-at-simandou...

  1. 5,723 Posts.
    lightbulb Created with Sketch. 1762
    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….
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.57
Change
-0.190(0.87%)
Mkt cap ! $66.41B
Open High Low Value Volume
$22.01 $22.10 $21.52 $119.4M 5.503M

Buyers (Bids)

No. Vol. Price($)
3 13058 $21.57
 

Sellers (Offers)

Price($) Vol. No.
$21.58 11798 1
View Market Depth
Last trade - 16.10pm 02/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.