The largest new iron ore mining project in years, Simandou, has just dispatched its first ore shipment. Simandou is a massive integrated mining, rail and seaport venture carried out by an international consortium, and is the biggest project of its kind ever built in Africa. It will handle up to 120 million tonnes of high grade ore per year, equal to about seven percent of total global export loadings.
Simandou’s mining lease area is split into two halves, one developed by a Rio Tinto-led consortium and the other led by…
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Excerpt curated from The Maritime Executive website.
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