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21 Jun
09:46

Guinea gives ultimatum to Simandou iron ore project

Guinean junta interim president Mamady Doumbouya gave Simandou project partners Rio Tinto and China-backed Winning Consortium Simandou a 14-day ultimatum during a meeting last Friday to expedite the project, according to Reuters. "I expect the creation of the joint venture within 14 days," Doumbouya said at the meeting. "This situation is not only regrettable but, above all, unacceptable for the state." In late March, Guinea’s …
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