In what will be the largest greenfield integrated mine and #infrastructure investment in Africa, more than 600km of new multi-use #rail together with #port facilities will be co-developed by the Republic of Guinea, Simfer and WCS. This will allow the export of up to 120 million tonnes per year of mined iron ore by Simfer and WCS from their respective Simandou mining concessions in the southeast of the country. The co-developed infrastructure capacity and associated cost will be shared equally between Simfer, which will develop, own, and operate a 60 million tonne per year mine in blocks 3 and 4 of the Simandou Project, and WCS, which is developing blocks 1 and 2. Under the co-development arrangement, Simfer and WCS will deliver separate infrastructure scopes to leverage expertise. Simfer will construct the approximately 70km Simfer spur rail line and a 60 million tonne per year transhipment vessel (TSV) port, while WCS will construct the dual track approximately 536km main rail line, the approximately 16km WCS spur rail line and a 60 million tonne per year barge wharf Rio Tinto Leon Louw #whyafrica #whymineafrica #whyinvestinafrica #mining #exploration #greenfields #guinea #infrastructure #whybuildafrica #africa #ironore #decarbonisation #steel #investinafrica #whyafricaroadtrips #2024 #geology #westafrica #naturalresources https://lnkd.in/eXZJWTyY
