The commissioning ceremony of the Simandou iron ore project in Guinea was held at the port of Marebaya in Forécaria province on the 11th. This large-scale project, which has attracted the attention of the global mining industry, was officially put into operation, marking a new historical stage in the development of mineral resources on the African continent. Guinean President Dumbuya and nearly a thousand people, including representatives of many countries' dignitaries and missions, as well as representatives from partners such as China's Baowu, China Alcoa Group, Rio Tinto Group, and the Simant Duwin Alliance, as well as representatives of media and local officials, have witnessed this historic moment together. The Simandou iron ore mine is located in southeastern Guinea. It is one of the best quality and largest mining projects in the world. The total investment of the project exceeds 20 billion US dollars, covering systematic projects such as mines, railways, and ports. The project, which was put into operation and delivered this time, includes the construction of more than 600 kilometers of new trans-Guinea multi-purpose railway and supporting port facilities. After full production, iron ore exports can reach up to 120 million tons per year. Diaquit, head of the general office of the Guinean presidential office and chairman of the Simandou Strategy Committee, said that the Simandou iron ore project is a dream that the Guinean people have been looking forward to for decades and is a powerful engine driving the country's transformation. “The commissioning of this project is a pioneering milestone in Guinea's development.” The Simandou iron ore project was jointly developed by the Guinean government, Baowu, Rio Tinto, China Alcoa and the Simandou Alliance. After the project is officially put into operation, all the co-built infrastructure will be transferred to a trans-Guinean company where the Guinean government holds 15% of the shares and the southern and northern block joint ventures each hold 42.5% of the shares.

The commissioning ceremony of the Simandou iron ore project in Guinea was held on the 11th at the port of Marebaya in Forécaria province. This large-scale project, which has attracted the attention of the global mining industry, was officially put into operation, marking a new historical stage in the development of mineral resources on the African continent. Guinean President Dumbuya and nearly a thousand people, including representatives of many countries' dignitaries and missions, as well as representatives from partners such as China's Baowu, China Alcoa Group, Rio Tinto Group, and the Simant Duwin Alliance, as well as representatives of the media and local officials, have witnessed this historic moment together. The Simandou iron ore mine is located in southeastern Guinea. It is one of the best quality and largest mining projects in the world. The total investment of the project exceeds 20 billion US dollars, covering systematic projects such as mines, railways, and ports. The project, which was put into operation and delivered this time, includes the construction of more than 600 kilometers of new trans-Guinea multi-purpose railway and supporting port facilities. After full production, the annual export volume of iron ore can reach up to 120 million tons. Diaquit, head of the general office of the Guinean presidential office and chairman of the Simandou Strategy Committee, said that the Simandou iron ore project is a dream that the Guinean people have been looking forward to for decades and is a powerful engine driving the country's transformation. “The commissioning of this project is a pioneering milestone in Guinea's development.” The Simandou iron ore project was jointly developed by the Guinean government, Baowu, Rio Tinto, China Alcoa and the Simandou Alliance. After the project is officially put into operation, all the co-built infrastructure will be transferred to a trans-Guinean company where the Guinean government holds 15% of the shares and the southern and northern block joint ventures each hold 42.5% of the shares.