Tag: Simandou Mine

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Simandou Mine

Source:  REU Context: The Simandou mine in Guinea is set to reshape the global iron ore market, meeting 10% of China’s annual iron ore demand and challenging Australia and Brazil’s dominance. About Simandou Mine: Located in: Simandou mountain range, Nzérékoré Region, Guinea. Controlled by: 75% Chinese consortium. Quality & Reserves: Iron ore grade: 65% Fe …

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