Rio Tinto nearing Simandou deal, Guardian reports Rio Tinto is poised to ink a long-awaited investment agreement for the stalled $20B Simandou iron ore project in Guinea later this month, the Guardian reports, citing comments made by CEO Sam Walsh. The project will include a railway to carry iron ore from the Simandou mountain range to a deep-water port. Reference Link
News For RIO From The Last 14 Days
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