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News: FMG SMB-Winning awarded tender to develop Simandou iron mine blocks

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    DAKAR, Nov 13 (Reuters) - A consortium of Guinea's Societe Miniere de Boke (SMB) and Singapore’s Winning said on Wednesday that it had won the tender to develop blocks 1 and 2 of Guinea's giant Simandou iron ore project, edging out Australia's Fortescue (FMG) .

    SMB-Winning said in a statement that it would build a 650 km (404 mile) railway and deepwater port to export output via the Guinea coast. The mine contains billions of tonnes of high grade ore.

 
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