Jump to navigation

Vol 6 (AAC) No 6

Published 1st April 2013


Guinea

Simandou setbacks

The Simandou project, which will develop Africa’s largest-ever iron-ore mine, has hit new trouble and Guinea looks for more help from Asia

On 15 March, Guinean President Alpha Condé sent a message of congratulations to China’s new leader, Xi Jinping. Apparently, the President had not yet fully digested the bad news delivered to him four days earlier by Rio Tinto, the Anglo-Australian mining giant and partner of the Aluminum Corporation of China (Chinalco) in Guinea’s Simandou Mine development. In a surprise move on 12 March, London-based Rio Tinto had informed the government that it was ‘freezing’ its investments in the Simandou project.

End of preview - This article contains approximately 569 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


If you have a print subscription already, click here for a password that gives you full access to the website.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.