Guinea launches Simandou mine, hoping to extract 120M tons of iron ore per year

On Tuesday, Guinea officially began production at the Simandou mining project — home to the largest known iron ore reserves in the world. Guinean authorities hope the project will generate vital revenue for the country. But China is also heavily invested, as Beijing aims to strengthen its influence over the global market for one of the world's most essential raw materials. Story by Bryan Quinn.

Guinea launches Simandou mine, hoping to extract 120M tons of iron ore per year
On Tuesday, Guinea officially began production at the Simandou mining project — home to the largest known iron ore reserves in the world. Guinean authorities hope the project will generate vital revenue for the country. But China is also heavily invested, as Beijing aims to strengthen its influence over the global market for one of the world's most essential raw materials. Story by Bryan Quinn.

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