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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