Operators from near and far interested in BSGR's former Simandou blocks
Other than a set of international mining giants, the bidding round launched by the Guinean government in July for the blocks formerly owned by Beny Steinmetz Group Resources (BSGR) on the Simandou iron ore deposit has caught the attention of [. [...]
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. [...]