simandou iron ore project in guinea

China s African iron ore strategy spells danger for Australia

He says the development of the Simandou iron ore deposit in the West African country of Guinea will make the sector s high dividend yields look more like a red flag than a reason to

Get Price
Simandou iron ore project SNC Lavalin

Sustainability achievements • We carried out environmental and social baseline surveys and assessments for the largest iron ore mine in Africa • Working with animal experts we surveyed more than 1 200 plant and 600 wildlife species • The mine design and schedule was altered to protect priority species and their habitats including

Get Price
GUINEA Simandou iron ore Winning Consortium clashes with Soguipami

Guinea s state owned Soguipami mining firm has told the purchaser of Blocks 1 and 2 at Simandou iron ore project to halt the exploitation of granite used to build the site s infrastructure It claims Winning Consortium hasn t paid the taxes due from this activity which the firm contests 10/03/2024 Reading time 2 minutes

Get Price
Government of Guinea Winning Consortium Simandou and Rio Tinto Simfer

Conakry Guinea The government of the Republic of Guinea Winning Consortium Simandou WCS and Rio Tinto Simfer today incorporated the La Compagnie du TransGuinéen The TransGuinean Company to further progress plans to co develop the multi purpose and multi user infrastructure for the Simandou iron ore project

Get Price
Rio Tinto WCS Guinea government to develop Simandou iron ore mine

Development of Simandou classed as the world s largest undeveloped resource of high quality iron ore containing some 4 billion mt has been dogged for well over 10 years over concerns related to lack of costly infrastructure licensing and legal issues and even a corruption scandal relating to a previous would be developer

Get Price
China inches closer to getting alternative iron ore supply from Simandou

Simandou s additional point of difference lies in its top quality ore which have 65% iron content Most of the miners in Australia and Brazil tend to export traditional 60% to 62% content ores

Get Price
Guinea/China Negotiations turn complicated over Simandou iron ore project

The aim of this project is to develop Simandou the continent s largest iron ore deposit A historic milestone On that day Sun Xiushun chairman of the WCS board of directors laid the foundation stone of the two railroad tunnels that will be constructed in the Madina Oula prefecture south of Kindia along the Sierra Leonean border

Get Price
Rio Tinto CEO Met Guinea President on Simandou Iron Ore Project

The project could have big implications for the iron ore market Rio s share of the deposit could deliver more than 100 million tons a year of the highest quality ore which is increasingly in

Get Price
Guinea halts Simandou iron ore project again

Simandou is one of the world s biggest and richest reserves of iron ore Image courtesy of NWR Civil and Mining Guinea s mines minister has once again ordered a full suspension

Get Price
The East African Energy Blog Glencore eyes Guinea s iron ore deposits

Reuters reports that Glencore is the latest mining major looking to invest in iron ore assets in Guinea Most interest is focused on Simandou one of the biggest deposits however any potential investors in Simandou are treading carefully Euronimba holds a 95% indirect interest in the Mount Nimba iron ore project a deposit with an

Get Price
Guinea s junta suspends Simandou iron ore project in major setback for

China s long term ambition to reduce its dependence on Australian iron ore suffered a major setback late last week when Guinea s ruling junta ordered the immediate suspension of all activities at the massive Simandou mine Interim President Mamady Doumbouya announced the order following a cabinet meeting last Thursday when according to a

Get Price
PROJECT DESCRIPTION Winning Consortium Simandou

The Simandou Project is a mining project of global importance comprising An open pit iron mine in the Simandou mountain range in south eastern Guinea approximately 600 km from the Guinean coast with an estimated potential capacity of up to 100 million tonnes per year located east of the town of Kérouané The construction of a 600km railway

Get Price
Will Simandou s high grade iron ore end Australia s market dominance

Guinea s proposed Simandou iron ore mine is a monster but experts are sceptical it will end China s reliance on Australian iron ore or hammer prices He noted the cost of Simandou in 2024 when Rio shelved the project as the iron ore price fell away was rumoured to be US$22 billion complicated by the Guinean government s

Get Price
Cover Story Stalled Guinea Project Highlights China s Struggle to

Simandou a 110 kilometer range of hills deep in the hinterland of Guinea in Western Africa boasts the world s largest untapped iron ore reserves They could reshape the global supply chain of the critical ingredient of steel the world s second most traded commodity behind crude oil

Get Price
Beny Steinmetz settles dispute with Guinea over iron ore project

Development of Simandou one of the world s biggest iron deposits containing billions of tonnes of high grade ore has been hindered by years of legal wrangling as well as the enormous

Get Price
Guinea junta suspends Rio Tinto s Simandou iron ore project

Guinea s ruling junta has ordered Rio Tinto and its partners to cease all activities at the Simandou iron ore deposit reported Guinea interim president Mamady Doumbouya said that it is was unclear how the mine will preserve national interests and is seeking clarification Government spokesperson Ousmane Gaoual Diallo was

Get Price
Rio Tinto signs breakthrough JV for Guinea iron ore project

Rio Tinto said on Thursday that its Guinea subsidiary has formed a joint venture with the government and the Winning Consortium Simandou WCS paving the way for work to resume at the world

Get Price
Winning Consortium Simandou LinkedIn

Winning Consortium Simandou 5 507 followers on LinkedIn Construire et développer la Guinée/ Build and Develop Guinea Winning Consortium Simandou WCS plans on commencing an iron ore mine in the Kankan Region Kérouané Prefecture of Guinea Africa The Simandou area Figure 1 is split into four mineable blocks Block #1 #2 #3 and #4 of which Block #1 and Block#2 Figure 2

Get Price
IFC Statement on the Simandou Iron Ore Project Guinea

IFC remains fully supportive of ongoing work on the Simandou project including the Banking Feasibility Study and local content initiatives supporting Guinean employment and procurement Simandou is a world class low cost iron ore deposit with significant economic potential for Guinea and we look forward to working with the Government of

Get Price
Guinea orders halt at Simandou iron ore mine project

Analysts at CRU Group estimate Simandou could produce 150 million tonnes of iron ore per year propelling Guinea into the top five global suppliers of seaborne iron ore It is also

Get Price
Guinea Rio Tinto sign deal to resume Simandou iron ore development

The Simandou project is expected to have a 100Mtpa production capacity of iron ore Credit Bishnu Sarangi from Pixabay Guinea s ruling junta has signed an agreement with Rio Tinto and its partners after settling infrastructure disputes to restart activities at the Simandou iron ore deposit reported Reuters

Get Price
Guinea halts Simandou iron ore project seeks new partners

Guinea s military government previously suspended construction of the mine and related infrastructure in March Mist shrouds the Simandou mountains in Beyla Guinea an area that is home

Get Price
The Latest in Clean Energy News Renewable Energy World

Renewable Energy World is your premier source for the latest news in Green Energy sources Learn the latest advances in solar wind bio and geothermal power

Get Price
Guinea suspends work at Simandou iron ore project NXTmine

In March 2024 Guinea s ruling junta suspended construction work on the Simandou project seeking clarification on how the mine would preserve national interests Subsequently Rio and WCS signed a framework agreement with the government in the same month to co develop infrastructure for the mine including a 670km railway and a port

Get Price
Blaming Investors Guinea Again Suspends Simandou Iron Ore Project

What s new Guinea s government has again suspended the construction of Simandou iron ore mine citing the failure of investors to reach an agreement on starting a joint venture according to a Tuesday official statement It s the second time this year that authorities put a break on development of the project which seen as crucial for China to reduce its reliance on Australian iron ores

Get Price
Crying foul in Guinea The Economist

Simandou a mountainous area in southern Guinea pictured has been called the El Dorado of iron ore It is the world s largest known untapped deposit of the stuff with enough ore to sustain

Get Price
Guinea suspends Simandou iron ore mine project Africa Briefing

Rio Tinto has held rights to Simandou since 1997 It owns a percent stake in Blocks 3 and 4 of the deposit with Aluminium Corp of China Chinalco holding percent and Guinea s government the remaining 15 percent Chinese backed consortium SMB Winning won a government tender in November 2024 for Blocks 1 and 2 of Simandou

Get Price
Iron ore price Simandou mega project that could cripple Australia

Dubbed the Simandou mine the massive site in Guinea is one of the largest highest grade iron ore deposits in the world having estimated reserves of billion tonnes of the stuff beneath

Get Price
Rio Tinto forced to halt work on Guinea s Simandou iron ore mine

July 5 2024 — Normal text size Larger text size Very large text size Rio Tinto the second largest Australian mining company has faced a fresh setback in its push to develop the long stalled Simandou iron ore project in Guinea after the West African nation s government issued a stop work order

Get Price
Simandou Iron Ore Project Mining Technology

Simandou iron ore mine is located in southeast Guinea Africa First production from the mine is expected in 2024 The mine has a projected life of at least 30 years Project Type Iron ore mine Mine Method Open pit Reserves More than billion tonnes Location Republic of Guinea Africa Ownership

Get Price

Free Quotation

Incredible has successfully built lots of crushing plants, grinding plants and metal ore dressing plants for our customers.

Get a Free Quote Now