Doing business in Africa Guinea's military junta dissolves government and seals borders - 3 days ago
https://www.bbc.com/news/world-africa-68314158
The board of Anglo-Australian mining giant Rio Tinto has approved what will be the world’s biggest mining project, CEO Jakob Stausholm told the Financial Times (FT) on Wednesday. The company will invest $6.2bn in the Simandou mining project in West Africa, the world’s largest untapped high-grade iron ore deposit. Funding will go towards the construction of a 552km railway to transport high-grade iron ore from two new mines in the Simandou mountains to a new deep-water port on Guinea’s Atlantic coast. One of the mines will also be built and operated by Rio Tinto.
https://www.msn.com/en-us/money/markets/rio-tinto-board-approves-world-s-biggest-mining-project/ar-BB1iJaEP?ocid=msedgntp&pc=HCTS&cvid=cd231c9bd48644c4a1d49f7835c80965&ei=159
b.
he board of Anglo-Australian mining giant Rio Tinto has approved what will be the world’s biggest mining project, CEO Jakob Stausholm told the Financial Times (FT) on Wednesday.
The company will invest $6.2bn in the Simandou mining project in West Africa, the world’s largest untapped high-grade iron ore deposit. Funding will go towards the construction of a 552km railway to transport high-grade iron ore from two new mines in the Simandou mountains to a new deep-water port on Guinea’s Atlantic coast. One of the mines will also be built and operated by Rio Tinto.