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Rio formalises capex at world-class Simandou

Huge Guinea-located mine expected to come online mid-decade

Michael Quinn
Rio formalises capex at world-class Simandou

Rio Tinto expects to initially spend US$6.2 billion for its 53% share of the world-class Simandou iron ore project in Guinea. The iron ore major also reported today its' joint venture Simandou ground...

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