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Rio facing Catch-22 at Simandou
GUINEA is turning the screws on Rio Tinto and its Chinese partner at the huge, undeveloped Simandou iron ore project that lies in a remote, hilly and heavily-forested region of the west African country.
The Simandou camp in Guinea
The latest chapter in the long-running story was the shock announcement that Conakry was halting all work at the site as Rio and Winning Consortium Simandou (WCS) had yet again failed to meet a deadline...
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