Simandou News — GMK Center https://gmk.center/en/tag/simandu-ua-en/ This is an informational-analytical, discussion platform Tue, 09 Jun 2026 11:32:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png Simandou News — GMK Center https://gmk.center/en/tag/simandu-ua-en/ 32 32 <![CDATA[Ore shipments from Simandou could exceed 20 million tonnes in 2026]]> https://gmk.center/en/news/ore-shipments-from-simandou-could-exceed-20-million-tonnes-in-2026/ Tue, 09 Jun 2026 11:32:56 +0000 https://gmk.center/?post_type=news&p=124674 The Simandou iron ore mining project in Guinea (West Africa) has seen a sharp rise in shipment volumes. The first ore-laden vessel set sail for China in November 2025, and by mid-May 2026, total exports had reached around 6 million tonnes. China accounted for more than half of this volume – around 3.2 million tonnes. […]

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]]> <![CDATA[Rio Tinto suspends iron ore mining at Simandou in Guinea]]> https://gmk.center/en/news/rio-tinto-suspends-iron-ore-mining-at-simandou-in-guinea/ Mon, 16 Feb 2026 12:23:09 +0000 https://gmk.center/?post_type=news&p=120150 The British-Australian company Rio Tinto has suspended work and operations at the SimFer mine in the Simandou deposit in Guinea. This is stated in the company’s report This happened after the death of an employee of a contractor working at the site on February 14. The company said that a thorough investigation will be launched, […]

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]]> <![CDATA[The first commercial shipment of iron ore from Simandou has departed for China]]> https://gmk.center/en/news/the-first-commercial-shipment-of-iron-ore-from-simandou-has-departed-for-china/ Wed, 03 Dec 2025 12:51:51 +0000 https://gmk.center/?post_type=news&p=117047 The first commercial shipment of iron ore from Guinea’s massive new Simandou deposit has left for China, marking the beginning of a significant redistribution of global supplies of raw materials for steel production, according to Bloomberg. The Winning Youth, loaded with ore from Simandou, left Guinea on December 2, according to data from the ship […]

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]]> <![CDATA[Global iron ore supply in 2026 will amount to 2.68 billion tons – Mysteel]]> https://gmk.center/en/news/global-iron-ore-supply-in-2026-will-amount-to-2-68-billion-tons-mysteel/ Wed, 26 Nov 2025 14:53:08 +0000 https://gmk.center/?post_type=news&p=116690 Global iron ore supply could reach a record 2.68 billion tons in 2026, according to the latest forecast by Mysteel Global. As noted, Africa will be the key driver of growth thanks to the phased launch of the Simandou project. In addition, iron ore mines in Australia and Brazil are continuing to expand their capacity. […]

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]]> <![CDATA[The Simandou project will change the dynamics of the global iron ore market]]> https://gmk.center/en/news/the-simandou-project-will-change-the-dynamics-of-the-global-iron-ore-market/ Mon, 03 Nov 2025 11:22:42 +0000 https://gmk.center/?post_type=news&p=115326 The Simandou project in Guinea threatens to further change the dynamics of the iron ore market, which is already facing an uncertain future in terms of demand, writes Bloomberg. Internal forecasts by some of the world’s largest mining companies indicate that the price of iron ore will fall to $85/t over the next three years […]

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]]> <![CDATA[SimFer plans first shipment of iron ore from Simandou in November]]> https://gmk.center/en/news/simfer-plans-first-shipment-of-iron-ore-from-simandou-in-november/ Thu, 18 Sep 2025 09:01:42 +0000 https://gmk.center/?post_type=news&p=113473 SimFer, a joint venture between the Guinean government, Rio Tinto, and Chalco Iron Ore Holdings, which brings together leading Chinese companies, has confirmed the first shipment of iron ore from the Simandou project in November this year. This was reported by Mysteel Global. SimFer highlighted the progress made in the project’s implementation during the third […]

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]]> <![CDATA[Simandou project will add 60 million tons of ore per year to the market]]> https://gmk.center/en/news/simandou-project-will-add-60-million-tons-of-ore-per-year-to-the-market/ Wed, 26 Feb 2025 08:25:03 +0000 https://gmk.center/?post_type=news&p=105751 The British-Australian mining concern Rio Tinto sees opportunities to increase the supply of iron ore on the market despite weakening demand for steel in China, Kallanish reports. In particular, we are talking about the Simandou project in Guinea. According to the company’s CEO Jakob Stauscholm in a recent phone call with analysts, work is going […]

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]]> <![CDATA[Guinea expects Simandou to reach maximum production in second year of operation]]> https://gmk.center/en/news/guinea-expects-simandou-to-reach-maximum-production-in-second-year-of-operation/ Wed, 05 Feb 2025 10:23:33 +0000 https://gmk.center/?post_type=news&p=104985 Guinea expects the Simandou iron ore project, which is due to start in December this year, to reach its maximum production in the second year of operation. This was announced in a conversation with Bloomberg TV by the country’s Minister of Mines and Geology, Buna Sylla. The government predicts that two mines at the world’s […]

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]]> <![CDATA[Simandou iron ore project is 30-40% ready for launch]]> https://gmk.center/en/news/simandou-iron-ore-project-is-30-40-ready-for-launch/ Wed, 29 May 2024 11:25:47 +0000 https://gmk.center/?post_type=news&p=97237 One of the world’s largest iron ore deposits, Simandou, in Guinea, West Africa, is 30-40% ready for launch. The first volumes of raw materials are expected to be produced next year. This was stated by Samuel Gahigi, CEO of Rio Tinto Guinea, Kallanish reports. According to him, 30-35% of the project’s necessary infrastructure has already […]

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