guinea simandou iron ore developer seeks equity partners

摘要

London—Chinese-backed mining, metals and logistics consortium SMB-Winning is seeking equity partners to participate in the development of Guinea’s Simandou Blocks 1&2 iron ore deposit, Societe Miniere de Boke chairman Fadi Wazni said. It plans to produce 60 million mt/year of high grade ore in a first phase by 2026, potentially rising to 110 million mt/year at a later date. “We’ve already talked about this to many customers -- all big integrated steel mills -- worldwide, but of course which are mainly located in Asia (70% of the market), and many are interested,” Wazni said. “We want to pull them in to ensure the offtake.”