Work on the Simandou Project, led by Rio Tinto, is picking up pace. According to a recent company announcement, the project is expected to begin operations by the end of 2025.
The project covers 1.5 billion tons of high-grade iron ore reserves in Guinea. Construction continues on a 600-kilometer railway and a new port in Morebaya.
The project is being carried out through collaboration between Rio Tinto, the Guinean government, and international partners, while the railway and port infrastructure will be operated by La Compagnie du TransGuinéen (CTG), jointly owned by the Guinean government, SimFer, and the Winning Consortium Simandou.
In its statement, the company stated that once operational at the end of 2025, Simandou will make Guinea the world’s third-largest iron ore exporter, support local businesses, and help meet global demand for cleaner, high-quality iron ore.
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