SMB-Winning marches into Simandou Iron Ore Mining in Guinea

SMM10 March 19: recently, the chairman of, Societe Miniere de Boke said that SMB-Winning plans to put into production in Simandou (Simandou) large iron ore bloc 1 and 2 in Guinea by 2025. This is a strict schedule for large-scale mining and infrastructure projects.

Data show that the consortium won a $14 billion government tender in November 2019. The consortium includes Singapore's WinningShipping Shipping Company, Guinean Mining Logistics Company United Mining supply Company (UMS), Chinese aluminum producer Shandong Weiqiao and the Guinean government.

Founded in 2014, SocieteMinieredeBoke (SMB) has grown rapidly to become the largest exporter of bauxite in Guinea. The company develops Simandou iron ore through a new company called Winning Consortium Simandou.

"We have mastered the technical capacity for railway construction in Guinea," the company's chairman said. " He added that SMB-Winning had spoken to Rio about the possibility of transporting their ore through the railway.

Simandou, located in the remote southeast corner of Guinea, has the largest reserves of its kind known, with more than 2 billion tons of high-grade ore.

45.05 per cent of Simandou blocs 3 and 4 are owned by Rio Tinto, 39.95 per cent by Chinalco and 15 per cent by the Guinean government.

The Guinean government has asked Simandou developers to build a 650-kilometer railway and a deep-water port to transport minerals from remote corners of Guinea to coastal exits.