Simandou iron ore project to restart in March, Guinea says

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Work on Guinea's massive Simandou iron ore mine and infrastructure project is set to restart in March, Guinea's military junta said in a Jan. 30 statement seen by Reuters on Wednesday.

Rio Tinto declined to comment. Chinalco, Baowu, and WCS did not immediately reply to requests for comment.

According to the statement, Doumbouya gave Baowu his support for its investment in Simandou, but reminded the company of the deadlines the project must meet. In March last year the junta, which took power in a Sept. 2021 coup, said the Simandou infrastructure - a 600-kilometre railway and a port -by Dec 2024 and production must start by March 31, 2025, a timeline analysts say is highly ambitious.

Reporting by Saliou Samb, Sofia Christensen, Helen Reid, and Siyi Liu; Writing by Helen Reid; Editing by Kirsten Donovan and Jan Harvey

 

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