11 August 2023. share. CONAKRY, Guinea--(BUSINESS WIRE)--Rio Tinto and the Simfer1 joint venture (Simfer) reached an important milestone today by concluding key agreements with the Republic of Guinea and Winning Consortium Simandou2(WCS) on the trans-Guinean infrastructure for the world class Simandou iron ore project.
The two consortia involved in the Simandou iron ore project seem to be reluctant to pledge the $500m sought by the construction groups to restart the rail construction work that was stopped in 2022. These uncertainties are fuelling renewed tensions. Infrastructure, Mining 14.03.2023. Guinea Rio ...
The Belinga Iron Ore Project is a new, potentially globally significant, iron ore opportunity for Ivindo Iron and the people ofGabon. Situated in the Belinga range in the northeast of …
The Kami Project is a high-grade iron ore project near available infrastructure, situated only a few kilometres south east of the Company's operating Bloom Lake mine ("Bloom Lake"). The Kami Project's prior owner completed an updated feasibility study in September 2018. The Company expects to revise the project's scope and …
Iron ores are rocks and minerals from which metallic iron can be extracted. There are four main types of iron ore deposit: massive hematite, which is the most commonly mined, magnetite, titanomagnetite, and pisolitic ironstone. These ores vary in colour from dark grey, through to deep purple, rusty red and bright yellow.
Steel is strong, long-lasting and cost-efficient – making it perfect for everything from cars and fridges to wind turbines and skyscrapers. The premium grade of Simandou iron ore broadens our global portfolio of …
The first ore from the project is expected to be shipped as early as December 2023. Ownership. Mineral Resources (MinRes) owns a 40% stake in the RHIOJV, while the remaining 60% interest is with API Management (APIM) on behalf of the parties to the Australia Premium Iron Joint Venture (APIJV)- Aquila Steel and AMCI (IO).
The Belinga Iron Ore Project is located in the northeast of Gabon. The deposit was initially discovered in 1955, and subsequent exploration in the 1970s identified high iron and low contaminant mineralisation. The deposit sits in Archean aged rocks of the Congo Craton. The lithology and structure are typical of other greenstone belts that ...
South Flank's high quality ore will increase WAIO's average iron ore grade from 61 to 62 per cent, and the overall proportion of lump from 25 to 30-33 per cent. "The project has created more than 9000 direct and indirect jobs during construction, and will provide more than 600 operational roles through its life.
The transformational Onslow Iron project is one of the largest iron ore projects currently under development in Australia. Located in the west Pilbara region, it will unlock billions of tonnes of stranded iron ore deposits. Onslow Iron is being developed by MinRes, in a joint venture partnership with Red Hill Iron Joint Venture (RHIJV) partners ...
Simandou is the world's largest untapped high-grade iron ore deposit. The Simfer joint venture's 2 mine concession held an estimated Total Mineral Resource as at 31 …
The Iron Ore Company of Canada (IOC) is a leading Canadian producer of iron ore concentrate and iron ore pellets that serves customers worldwide. Discover more about the IOC today with Rio Tinto. ... Rincon Project A long-life, low-cost and low-carbon lithium source. Simandou Project The world's largest untapped high-grade iron ore deposit ...
Jambreiro Iron Ore Project. The Company's -owned Jambreiro Project, located in south-east Brazil, is an advanced development opportunity for up to 3Mtpa of production. It represents a strategic asset in the Brazilian domestic iron ore and steel sector, particularly with the premium pricing that exists in the market for high grade ore (+65 ...
The project's total resource, 6.7 billion tonnes at an average grade of 61.6% Fe, represents approximately one-third of Rio Tinto's existing Resource base in the Pilbara. 1 A resource drilling program is currently underway to support future project studies. Rio Tinto Iron Ore Chief Executive Simon Trott, said "Rhodes Ridge contains one of ...
The project for the exploitation of iron ore in Blocks #1 and #2 covers an area of approximately 362 km². The railway route currently planned by WCS crosses 4 Administrative regions, 8 Prefectures and 23 Municipalities …
The Simandou project is set to become the world's largest and highest-grade new iron ore mine. Credit: Biswaphotography93 via shutterstock. China Baowu Steel Group (Baowu) has secured 10bn yuan ($1.4bn) through a bond issue, a major chunk of which will be used to fund the Simandou iron ore project in Guinea, according to a …
Kryvyi Rih iron ore basin in central Ukraine, including Black Iron's Shymanivske iron ore project. Ukraine produced 63.2 Mt of usable iron ore in 2019 (see Table 1.4), with the two top iron ore producing companies being Ferrexpo and Metinvest. The Poltava mine, operated by Ferrexpo in the Kremenchuk region, is one of the …
Iron Bridge. Iron Bridge signifies Fortescue's entry into the high grade segment of the iron ore market, providing an enhanced product range while also increasing annual production and shipping capacity. Located 145km south of Port Hedland, Iron Bridge is Fortescue's first magnetite operation and incorporates the North Star and Glacier ...
The Tonkolili iron ore mine was initially developed by UK-based African Minerals (AML) through its subsidiary Tonkolili Iron Ore in Sierra Leone, West Africa. The mining lease for the project was …
Africa's largest mining and related infrastructure project . The Simandou mountain range lies in the south-east of the Republic of Guinea, over a surface area more than 100km. …
Wilcherry Hill iron ore project is located on the Eyre Peninsula in Southern Australia. IronClad Mining and Trafford Resources are developing the project through an 80:20 joint venture. Drilling activities at Wilcherry have confirmed the mine has potential to produce high quality ore at low cost.
Key View • Global iron ore production growth will accelerate over 2021-2025 after stagnating during the previous five years. • Continued, albeit slower growth in Australia, …
Nimba Iron Ore Project - Ivanhoe Liberia. Ivanhoe Liberia Limited (Ivanhoe Liberia), formerly Euronimba Liberia Limited, was created to study, rehabilitate, expand or build from the ground up the rail and port facilities to transport the iron ore to be mined in the Guinean Nimba Mountains to a deep-water port on the Liberian coast, in or near ...
The Zanaga iron ore project is located south-west of Lekoumou District in the Republic of Congo. Discovered in 1939, the project is owned by Jumelles, a subsidiary of Xstrata and Zanaga Iron Ore Company (ZIOC). Jumelles owns of the project licence through its MPD Congo subsidiary. Jumelles was originally a wholly owned subsidiary of …
Sept 14 (Reuters) - Rio Tinto Ltd (RIO.AX) said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion ...
SYDNEY--(BUSINESS WIRE)--Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being progressed in partnership with CIOH, a Chinalco-led consortium, Winning Consortium Simandou1(WCS), Baowu and the Republic of Guinea. Simandou is the world's largest …
It has been fully registered and established in Guinea and is intended, following negotiation of definitive tripartite entity arrangements, the company will be the central structure for the co-development of the rail and the port components of the Simandou iron ore development project.
MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto (50 per cent) and Wright Prospecting Pty Ltd (50 per cent) have agreed to modernise the joint venture covering …
The proposed project would consist of: exploitation of an iron ore deposit near Belo Horizonte by construction of facilities for open pit mining, of an ore preparation plant and installation of loading equipment at the mine; improvement of way and structure and purchase and operation of rolling stock of RFFSA to transport ore 640 kms from the ...
Belinga iron ore project in northeastern Gabon. Credit: SRK Global. Australia's Fortescue Metals Group has entered into a deal with the Gabonese government to mine iron ore from its project in ...