Simandou

Mining giant Rio Tinto is expected to make a final investment decision on an African iron ore project next year, according to Sky News business reporter Edward

If it chooses to go ahead with the project, it could threaten Australia's iron ore industry.Rio Tinto is looking to buy the Simandou mine in Guinea, Africa, which is one of the largest iron ore mines in Africa.The mine will cost the company approximately US$15 billion or more to develop the project as it will need to construct a 700-kilometre railway line from the mine to a port, which it will also need to build

Rio Tinto considers new African mine (msn.com)

Rio Tinto will make a decision at the beginning of next year and if it decides to go ahead, it is expected to be producing iron ore by 2026.

Think Aussie companies have just had the ball drop
This is so going to bring African Iron Ore into the spotlight

Really - DYOR