rio tinto iron ore project in guinea

Rio Tinto renews work on Simandou iron ore project in

Rio Tinto is once again exploring ways to realise the potential of the huge Simandou iron ore deposit in Guinea. The Simandou project provides access to one of the world’s largest untapped (over 2 billion tonnes), high grade iron ore resources in the world. It can sustain a mine life in excess of 40 years and has the potential to make Guinea

Projects Rio Tinto

Rio Tinto and Chinalco, which own 45.05% and 39.95% of Simandou, respectively, continue to work with the government of Guinea to explore options to realise value from the world-class Simandou iron ore deposit. The government of Guinea owns a 15% stake in the project.

Simandou Iron Ore Project Mining Technology Mining

Republic of Guinea (7.5%), Rio Tinto (46.57%), Chinalco (41.3%) and International Financière Corporation (4.625%) The Simandou iron ore mine is located in southeast Guinea, Africa. First production from the mine is expected in 2015. The mine has a projected life of at least 30 years. The project

Rio Tinto update on Simandou Rio Tinto Rio Tinto

Rio Tinto and Chinalco, who respectively own 45.05 per cent and 39.95 per cent of Simandou, will continue to work with the Government of Guinea to explore other options to realise value from the world-class Simandou iron ore deposit. The Government of Guinea owns a 15 per cent stake in the project.

Rio Tinto forges ahead with Simandou, the MINING.COM

Rio Tinto (LON, ASX:RIO), the world’s second largest mining company, is moving ahead with its massive Simandou iron ore project in Guinea by submitting feasibility studies to the country’s

Rio Tinto looks at developing Simandou again — report

Rio Tinto (ASX, LON: RIO) is mulling options to develop the giant Simandou iron ore deposit in Guinea, which almost sold last year to its partner in the project Aluminium Corp of China, or

Rio Tinto shelves iron ore project in Guinea YouTube

05/07/2016· Global mining giant Rio Tinto has reportedly shelved a 20 billion dollar iron ore project in Guinea, following a sustained slump in the price of the metal. The miner had been seeking financing for

Rio Tinto fails to clinch sale of Guinea iron ore project

29/10/2018· Global miner Rio Tinto's (RIO.AX)(RIO.L) outline deal to sell its stake in the Simandou iron ore project in Guinea has lapsed after years of negotiations failed to produce an agreement with

Rio Tinto set to quit Guinea iron ore project with sale to

Rio Tinto has signed a preliminary deal to sell its stake in Guinea's Simandou project to Chinalco <3668.HK>, it said on Friday, injecting impetus into the long-stalled scheme to develop the world

Rio Tinto Renews Work on Giant Guinea Iron Ore Deposit

20/06/2019· Rio Tinto Group is looking at new ways to develop the giant Simandou iron ore deposit in Guinea that it almost sold last year, according to people familiar with the matter.

Rio Tinto sale agreement for Simandou lapses

Rio Tinto’s agreement to sell its stake in the Simandou iron ore project in Guinea, west Africa, to Chinalco has lapsed. The company broke the news in a brief statement to the Australian

China's Simandou Interest Threatens Rio, Iron-Ore Miners

05/03/2020· After 2007 and 2008, when Rio Tinto used Simandou’s promise to ward off BHP Group’s advances, it was heralded as the project that would open up a new, high-quality iron ore

Rio Tinto/Chinalco Simandou iron ore project back to

Rio Tinto and Chinalco, who respectively own 45.05% and 39.95% of Simandou, will continue to work with the government of Guinea to explore other options to realise value from the world-class Simandou iron ore deposit. The government owns a 15% stake in the project.

Rio Tinto fails to sell stake in Guinea mine Financial Times

Simandou Wikipedia

External links. Rio Tinto Simandou website home page, accessed 25 December 2010 "Rio's chairman can't tell whole story of Guinea chat", by Matthew Stevens, The Australian, 12 September 2008, accessed 25 December 2010; Rio Tinto Iron Ore website Simandou page, accessed 25 December 2010 "Mining Groups Target West Africa", by William Macnamara, FT, 18.5.2010, site accessed 25

Guinea seeks developers for Simandou iron ore deposit

Fortescue Metals said it had not signed a deal with Liberia over iron ore. Anglo-Australian miner Rio Tinto holds a 45.05% stake in Simandou’s remaining blocks 3 and 4 which it has been trying

China-backed JV wins $14bn iron ore deal at Guinea’s

Rio Tinto renews work on Simandou iron ore project in Guinea. Rio Tinto Inks $20-Billion Deal for Simandou Mine. Read the latest issue of Mining Global here “The Simandou Project will be crucial for Guinea’s future. This mega deposit is an opportunity in terms of employment and wealth creation for the whole country,” said Sun Xiushun, the SMB-Winning consortium’s chief executive. A

Job Opening At Rio Tinto Simandou Iron Ore Project

DETAILS: Global Recruitment; has mandate to recruit expatriate services employees` for the fulfillment of the requirements of Rio Tinto 20 billion dollar Simandou iron ore project in Guinea Conakry; PROJECT site Simandou Guinea Conakry . Simandou is a major new project for Rio Tinto's Iron Ore group, located in Guinea, west Africa. Rio Tinto is seeking expressions of interest from

Rio Tinto quits Guinea iron ore project, sells to Chinalco

Rio Tinto has signed a preliminary deal to sell its stake in Guinea's Simandou iron ore project to Chinalco. HO. When fully operational, Simandou could double Guinea's GDP, project