Simandou's remaining blocks 3 and 4 are owned by Rio Tinto as part of its Simfer joint venture with the Chinese firm Chalco Iron Ore Holdings and the Guinean government. First production from the ...
Wabtec agreed a few months ago to supply Simfer with a US$277 million locomotive fleet. After almost three decades of false starts, Guinea's massive Simandou iron ore mine is on track to deliver ...
Rio Tinto holds the rights to Blocks 3 and 4 – which host a 2.8 billion tonne resource – in the south of the overall concession area and is the majority shareholder and managing partner of Rio Tinto ...
Wabtec has secured a $248m order from the Winning Consortium Simandou (WCS), a joint venture between Baowu and Winning, to supply locomotives and related services for the Simandou iron ore project ...
This order follows a previous order from SimFer, a Rio Tinto joint venture, to supply locomotives for the same project. The combined value of the orders exceeds $500m, marking them one of Wabtec’s ...
The multi-user line is being developed by the Compagnie du TransGuinéen joint venture of the government (15%) and mining concessionaires WCS (42·5%) and Rio Tinto Simfer (42·5%) which will share the ...
The agreement follows a locomotive order a few months earlier from SimFer (a Rio Tinto joint venture) to serve its operations at Simandou. The combined orders for the project, valued at more than half ...
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