28
Jul
10:59
Simandou parties incorporate joint venture to advance project
Guinea’s government, Winning Consortium Simandou (WCS) and Rio Tinto Simfer incorporated on Wednesday La Compagnie du TransGuinéen (CTG) to co-develop the rail and port infrastructure for the Simandou iron ore project, Kallanish observes.
In mid-June, Guinea’s ruling junta gave a 14-day ultimatum to the related parties accusing them of not acting to advance the project before the deadline (see Kallanish passim). The government is conce…
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Very good overview of the weekly steel market.
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