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The deposits have drawn Chinese multinationals including China Baowu Steel Group ... line to transport the ore from the remote corner of Guinea to the sea for export.
China steel giant Baowu reached the deal a month ago with joint venture partners to mine and ship iron ore from the Simandou project in south-east Guinea – the world’s most important new ...
Baowu Steel Group, the world’s largest steel producer, is investing $6bn in Guinea’s Simandou iron ore project, which is pivotal for China’s emissions goals and Africa’s industrial ambitions. “The ...
Simandou, a 110km (68 mile) mountain range in the inland forests of southeastern Guinea, is home to the ... including the world’s largest steel producer China Baowu, which recently signed ...
The prospects for iron ore prices are improving thanks to a lower than expected global surplus this year, analysts and traders say, though looming new supply from the giant Simandou project in Guinea ...
The Simandou mine in Guinea, one of the world’s largest ... In summary, Citi’s analysis suggests that while China’s steel production cuts may benefit producer margins, the effect on the ...
The China Iron and Steel Association said this week the government ... is expected to ramp up toward the end of the year, with Guinea’s Simandou mine coming online. Iron ore futures in Singapore ...