Is Liberia the solution to Rio Tinto and Chinalco's Simandou iron ore challenge?
Not wanting to have infrastructure costs cut into the profitability of their Guinean iron ore deposit Simandou, Australian mining giant Rio Tinto and China's Chinalco are in talks to sell the site's first output to steel giant ArcelorMittal. [...]
Mick Davis and the team ready to take on Beny Steinmetz's former iron ore assets
The end to the epic legal battle between Conakry and Beny Steinmetz Group Resources (BSGR) over Guinea' vast iron ore resource Simandou on February 25, was shortly followed by the news that Sir Mick Davis, chief executive and treasurer of [. [...]
Rio Tinto, Beijing, Steinmetz, Friedland: Conakry in talks with all and sundry to reboot iron ore sector
Highly costly, remote and often the object of an international dispute or arbitration, iron ore projects in Guinea have been struggling in recent years. The Conakry authorities are working hard to turn the situation around, especially to develop Simandou and [. [...]
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