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Home / Metal News / The Development Of Simandou Northern Block Iron Ore Mine In Guinea Is Rapidly Advancing

The Development Of Simandou Northern Block Iron Ore Mine In Guinea Is Rapidly Advancing

Sep 8, 2023 21:27

Source:SMM

Baowu Resources Co., Ltd, a subsidiary of China Baowu Steel Group, signed an investment cooperation agreement with WCS in Beijing on the Simandou Northern Block Iron Ore Mine Project.

Baowu Resources Co., Ltd, a subsidiary of China Baowu Steel Group, signed an investment cooperation agreement with WCS in Beijing on the Simandou Northern Block Iron Ore Mine Project. Since July this year, the Guinean government and Simandou project investment partners have successively reached basic agreements such as the “CTG Shareholders Agreement” and “Joint Development Agreement” regarding the development of infrastructure in Simandou.

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