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A massive untapped iron ore mine in West Africa has shot up China's list of belt and road priorities as it pushes to cut reliance on Australia and Brazil for the mineral essential to steel production.
Simandou, a 110km (68 mile) mountain range in the inland forests of southeastern Guinea, is home to the world's largest known undeveloped reserve of high-grade iron ore, with a projected annual production capacity of 120 million tonnes.
The vast deposits have drawn Chinese multinationals includin...
>>> Read more: Why Chinese interest is soaring in West African Guinea's Simandou iron ore reserves
Simandou, a 110km (68 mile) mountain range in the inland forests of southeastern Guinea, is home to the world's largest known undeveloped reserve of high-grade iron ore, with a projected annual production capacity of 120 million tonnes.
The vast deposits have drawn Chinese multinationals includin...
>>> Read more: Why Chinese interest is soaring in West African Guinea's Simandou iron ore reserves
