Rio Tinto announces that it has obtained all necessary approvals to invest in the high-quality Simandou iron ore deposit in Guinea, anticipating imminent completion of the transaction.

The project includes the development of a new rail and port infrastructure enabling the export of up to 120 million tonnes per year of iron ore mined by Simfer and WCS.

Rio Tinto is joining forces with Chinalco, Baowu and WCS for this project, which represents the largest integrated mine and green infrastructure investment in Africa.

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