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News  ›  Benzinga

The World's Largest Mining Project Starts Production

Benzinga Logo Benzinga By Stjepan Kalinic
The World's Largest Mining Project Starts Production

Rio Tinto and international partners launched the Simandou iron ore mining project in Guinea, a $23 billion venture expected to produce 120 million tons of high-grade iron ore annually and potentially transform Guinea's economy.

Insights
BMRN   neutral

Developing BMN-349, a small-molecule therapy in early stages with potential but unproven market effectiveness


RIO   positive

Successfully launched a massive mining project after nearly three decades, securing a strategic asset with high-grade iron ore and potential for green steel production