Simandou project
Simandou mine
The Simandou mine is a massive iron ore deposit located in the Simandou mountain range in the Nzérékoré region of southern Guinea. It is considered the largest iron ore reserves in the world, with estimated reserves of 2.4 billion tonnes of ore grading 65% iron metal. The mine is being developed in two phases, with the first phase focusing on the development of blocks 1 and 2, and the second phase focusing on the development of blocks 3 and 4.
The Simandou mine has the potential to significantly contribute to the economic development of Guinea and the surrounding region, as it aims to extract and export high-quality iron ore to international markets. The project is being developed by a consortium of companies, including Rio Tinto, CIOH, and the government of Guinea, and is expected to create thousands of jobs and generate significant revenue for the country.
In addition to the mining operations, the Simandou project also includes the development of infrastructure to support the export of the ore, including transportation and logistics systems, port facilities, and other infrastructure. The project is being developed in accordance with the highest standards of health and safety, governance, social wellbeing, and environmental stewardship, and is expected to have a positive impact on the local communities and the environment.
Simfer
Rio Tinto Simfer is a joint venture between Rio Tinto, CIOH, and the government of the Republic of Guinea that is responsible for developing blocks 3 and 4 of the iron ore mining concession known as the Simandou project. The Simandou project has the potential to significantly contribute to the economic development of Guinea and the surrounding region, as it aims to extract and export high-quality iron ore from the far southeast of the country to international markets.
In addition to developing the mining operations, Rio Tinto Simfer is also working with the government and Winning Consortium Simandou, the developers of blocks 1 and 2 of the concession, to co-develop the necessary infrastructure to support the export of the mined iron ore. This includes building transportation and logistics systems to facilitate the movement of the ore from the mine to the port, as well as developing port facilities and other infrastructure to support the export process.
Rio Tinto Simfer is committed to operating in accordance with Rio Tinto's global standards and to working transparently with its partners, stakeholders, and local communities. The company is dedicated to meeting high standards of health and safety, governance, social wellbeing, and environmental stewardship in all of its operations. It is our belief that by working closely and openly with all stakeholders, we can deliver on the promise of the Simandou project to the benefit of all involved.
Rio Tinto Group
The Rio Tinto Group is the world's second-largest mining and metals company, with a focus on the exploration, development, and production of a diverse range of resources, including copper, aluminum, iron ore, and diamonds. The company has a rich history dating back over 150 years and has operations in over 35 countries around the world.
In addition to its core mining and metals business, the Rio Tinto Group also has a significant presence in the energy sector, with interests in coal, uranium, and oil sands. The company is also involved in a number of other businesses, including the development of advanced materials and technologies, and the operation of a number of major infrastructure projects.
The Rio Tinto Group is known for its commitment to sustainability and responsible resource development. The company is a leader in the use of innovative technologies and practices to minimize the environmental impacts of its operations and to promote the long-term sustainability of the communities in which it operates. The Rio Tinto Group is also committed to the highest standards of governance, ethical conduct, and transparency in all of its operations.
