The Winning Consortium, Chinese steel giantBaowu, the world’s top iron ore exporter Rio Tinto and the Guinean Government are working together to construct the US$15 billion mine, port and rail project, which will include the construction of a 670km railway across Guinea and new deep water port at Morebaya.The mine is slated, according to official estimates, to be in operation by 2025, which could open up significant infrastructure options for adjoining iron ore players like Arrow.
The Winning Consortium, Chinese steel giantBaowu, the world’s...
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