Baowu Steel has strengthened its teams on the Mount Simandou iron ore megaproject, with around 150 people, mainly from China.

Higher net cash generated from operating activities of $15.6 billion, driven by portfolio mix and effective working capital management. Profit after tax attributable to owners of Rio Tinto (referred ...

Simandou's remaining blocks 3 and 4 are owned by Rio Tinto as part of its Simfer joint venture with the Chinese firm Chalco Iron Ore Holdings and the Guinean government. First production from the ...

Wabtec agreed a few months ago to supply Simfer with a US$277 million locomotive fleet. After almost three decades of false starts, Guinea's massive Simandou iron ore mine is on track to deliver ...

Wabtec has secured a $248m order from the Winning Consortium Simandou (WCS), a joint venture between Baowu and Winning, to supply locomotives and related services for the Simandou iron ore project ...

Wabtec said it has received a $248 million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou to support rail operations at its high-grade iron ore ...