[Rio Tinto Announces: First Shipment from Simandou in November This Year!]
According to foreign media reports, on Monday (May 12), Gerard Rheinberger, Managing Director of Rio Tinto's Simandou project in Guinea, announced that the company expects to ship the first batch of iron ore from the Simandou iron ore project in Guinea this November. Located in the southeast of the country, Simandou is expected to become the world's largest high-grade iron ore project, with high-grade iron ore being a key raw material for low-carbon steelmaking. Once operational, the mine is expected to produce 120 million mt of iron ore annually.