Guinea agrees to resume Simandou iron ore project

Chinese companies part of new infrastructure deal and $15bn investment

20220329 Caixin

Simandou in southwest Guinea is considered to be the world’s largest high-quality iron ore deposit.

LUO GUOPING and HAN WEI, Caixin

Investors in the Simandou iron ore project struck a deal with Guinea's government to resume development of the world's largest known untapped iron ore reserve after a nearly two-week suspension.

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