Guinea Greenlights Rio Tinto's Mega Iron Ore Project
Tuesday, 16 July 2024, 09:13
Guinea Approves Rio Tinto's $11.6bn Simandou Iron Ore Project
Key Points:
- Guinea has granted final approvals for Rio Tinto's $11.6bn Simandou iron ore project.
- The project is expected to drive significant economic growth and create job opportunities.
- With this milestone, the venture is set to move forward full steam ahead.
After years of planning and negotiations, Rio Tinto is poised to kickstart one of the largest iron ore projects in the region, promising to reshape the economic landscape of Guinea.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.