[SMM Iron & Steel] Simandou Iron Ore Project Ramps Up Production in Guinea

Published: Apr 1, 2026 11:56

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The Simandou iron ore project in Guinea, widely regarded as the world's largest untapped high-grade deposit, has begun its significant production ramp-up as of late March 2026. Following the official start of operations in late 2025, the project is expected to contribute approximately 22 million tonnes to global supply within the 2026 calendar year. With a designed annual export capacity of up to 120 million tonnes, the phased launch of this African mining and transport complex is projected to be the primary driver of global iron ore supply growth, which SMM estimates will reach a record 2.6 billion tonnes this year.

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