Rio Tinto’s long-held ambitions of mining the world’s largest untapped supply of high-grade iron ore inched closer this summer – after signing deals to build nearly 400 miles of railway infrastructure. The Anglo-Australian commodities giant is hoping to bolster its position as one of the world’s biggest iron ore miners by exploiting the Simandou deposit, located in a remote, mountainous region of Guinea.
After years of legal wrangling and delays, the project – which could produce 2.3bn tonnes of high-grade iron ore…Rio Tinto Bets Big On World's Largest Untapped Iron Ore Mine
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