Dec 6 (Reuters) - Rio Tinto Ltd (RIO) :
- SIMANDOU IRON ORE PROJECT UPDATE
- PROVIDING AN UPDATE TODAY AT ITS INVESTOR SEMINAR ON SIMANDOU IRON ORE PROJECT
- ESTIMATES INITIAL SHARE OF CAPEX TO DEVELOP SIMFER MINE AND CO- DEVELOPED RAIL AND PORT INFRASTRUCTURE PROJECT IS ABOUT $6.2 BILLION
- RIO TINTO'S SHARE OF CAPITAL INVESTMENT REMAINING TO BE SPENT FROM 1 JANUARY 2024 IS EXPECTED TO BE $5.7 BILLION FOR SIMANDOU
- REPORTING MINERAL RESOURCES EXCLUSIVE OF ORE RESERVES OF 1.4 BILLION TONNES AT 66.1% FE AND LOW IMPURITIES FOR SIMANDOU
- FIRST PRODUCTION FROM SIMFER MINE IS EXPECTED IN 2025, RAMPING UP OVER 30 MONTHS TO AN ANNUALISED CAPACITY OF 60 MILLION TONNES PER YEAR
- SIMFER MINE TO INITIALLY DELIVER A SINGLE FINES PRODUCT
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Last
$113.62 |
Change
1.260(1.12%) |
Mkt cap ! $42.17B | |||
| Open | High | Low | Value | Volume |
| $112.70 | $113.70 | $112.21 | $140.8M | 1.240M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20 | $113.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $113.69 | 700 | 1 |
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| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| RIO (ASX) Chart |