Rio Tinto set on building long-delayed Simandou

Rio Tinto (ASX, LON,NYSE: RIO) is suddenly in a rush to develop the giant and controversial Simandou iron ore project in Guinea, as half-year earnings support an investment case for the steel-making material. Iron ore took, once again, the lion’s share of the second-biggest miner’s profits for the six month to June 30 .

Posted: 2020-07-30 16:34:00

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