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Why first Simandou iron ore shipment to China marks a global milestone

The launch of Guinea’s US$20 billion Simandou iron ore project marks a globally significant milestone. The event on Tuesday at Guinea’s Morebaya port, attended by Chinese and regional African leaders, saw the departure of the first shipment of ore from the Simandou project – a major feat after nearly three decades of development. The Chinese delegation was led by Vice-Premier Liu Guozhong, who underscored the importance Beijing has attached to securing high-grade ore for decarbonising the...


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