Simandou (Blocks 1 and 2) iron ore mine Report

Asset Report 17 March 2025

Get this report*

$2,250

You can pay by card or invoice

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

<div class="col small-12">
<div class="Form__Element FormChoice" data-f-element-name="__field_147196" data-f-type="choice" id="526f17d9-9134-4e46-a0b2-dee2ed7d3d9c">
    <label class="Form__Element__Caption">Consent</label>
    
        <div class="checkbox">
            <div class="checkbox__item">
                <input type="checkbox" id="__field_147196-0" name="__field_147196" value="Opt In" class="checkbox__input"   data-f-datainput />
                <label for="__field_147196-0" class="checkbox__label">Please keep me informed about Wood Mackenzie products, services and events.</label>
            </div>
        </div>
        <span class="field-validation-valid white gamma" data-f-linked-name="__field_147196" data-f-validationerror="" data-valmsg-for="" data-valmsg-replace="true" style="display:none;"></span>
    
</div>
</div>

<li class="Form__Element FormTextbox push-half--bottom form-submit-category" data-f-element-name="submit_category" data-f-type="textbox">
    <label for="submit_category" class="form-control-label">Submit Category</label>
        <input name="submit_category" id="submit_category" type="text" placeholder="Category" value="" title="Category" data-f-datainput="" class="FormHideInSummarized">
</li>

<li class="push--bottom ">
    <button id="75ab31c4-ca57-45f2-a8b1-9dcc80fe0256_995796984" name="submit" type="submit" value="75ab31c4-ca57-45f2-a8b1-9dcc80fe0256" data-f-is-finalized="false"
            data-f-is-progressive-submit="true" data-f-type="submitbutton"
             title="Submit" disabled
            
            class="btn--block Form__Element FormExcludeDataRebind FormSubmitButton btn btn--primary">
        Submit
        
    </button>
</li>

</div>
            </div>

</form>
    
</div>

<div class="push-half--top editor">
<h6><span>For details on how your data is used and stored, see our </span><a href="/privacy-policy/">Privacy Notice</a><span>.</span></h6>
<h6> </h6></div>

</div>
    </div>
</div>
                <p class="gamma white">
                        <a class="font-bold mono-link" href="/faq/">- FAQs about online orders</a><br/>
    <a class="font-bold mono-link" href="/archived-pages/research/subscriptions/">- Find out more about subscriptions</a><br/>

</p>
            </div>
        </div>
            <div class="flex__equal-height">
                <div class="col">
                    <p class="white gamma store_font push-half--bottom">*Please note that this report only includes an Excel data file if this is indicated in "What's included" below</p>
                </div>
            </div>
    </div>
</div>

<div class="wrap soft-double--ends">
        <div class="col small-12 medium-3 large-2 push-half--bottom hide-for-small-only">
            <div class="bg-asset-report report-cover">
    <div class="small-7 report-cover__logo"></div>
    
    
</div>
        </div>
        <div class="col small-12 medium-8 large-7">
            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
            <p class="mega push--bottom store_landing__body">
                <div>
The Simandou deposit is one of the largest undeveloped high-grade deposits in the world. When brought online, it would be one of the lowest operating cost mines supplying the seaborne market, accounting for just under 10% of the total seaborne export production. Interestingly, Baowu will hold 51% of WCS's block during operation, with WCS owning the remaining 49%. A decision by shareholders to co-develop the infrastructure has been reached, clearing the path for the speedy development of Simandou. However, the recent dissolution of the government of Guinea may bring headwinds to the project's timeline.</div>
            </p>
        </div>
</div>

<div class="bg-light-grey-1">
    <div class="wrap soft-double--ends">
        <div class="col small-12 medium-6 large-12">
            <div class="row">
                <div class="col small-12 large-4 push--bottom">
                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Summary
    </li>

</ul>

</div>
                <div class="col small-12 large-4 push--bottom">

<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">Simandou (Blocks 1 and 2) Emission Intensity Quartile ranking – total global production - tonnes of ore</li><li class="list__item push-quarter--bottom">Detail Map</li><li class="list__item push-quarter--bottom">Participation</li>
     </ul>
    <div>
        <button data-target="#ef04c77cfa714024829025a495336926"
                class="btn-toc js-toggle-local"
                role="button"
                aria-controls="ef04c77cfa714024829025a495336926"
                aria-expanded="false">
            View more tables and charts in this report
        </button>
        <ul class="list list--bullets panel-toggle" id="ef04c77cfa714024829025a495336926">
            <li class="list__item push-quarter--bottom">Marketable reserves (at 01/01/2025)</li><li class="list__item push-quarter--bottom">Production</li><li class="list__item push-quarter--bottom">Production</li><li class="list__item push-quarter--bottom">Operations</li><li class="list__item push-quarter--bottom">Infrastructure</li><li class="list__item push-quarter--bottom">Cash costs</li><li class="list__item push-quarter--bottom">Cash costs</li><li class="list__item push-quarter--bottom">Capital costs</li><li class="list__item push-quarter--bottom">Product quality</li>
                <li>1 more item(s)...</li>
        </ul>
        
    </div>

</div>

<div class="col small-12 large-4 push--bottom">
                    
<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Simandou (Blocks 1 and 2).xls</p>
<p class="uppercase delta">
    <span>XLS</span>
    <span>181.00 KB</span>
</p>
</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Simandou (Blocks 1 and 2) iron ore mine</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>1.69 MB</span>
</p>
</li></ul>
                </div>
            </div>
        </div>
    </div>
</div>

<div class="module">
    <div class="wrap">
        <h2 class="store_featured_title">Other reports you may be interested in</h2>
        <div class="flex__equal-height">

<a class="dark-link col small-12 medium-6 xlarge-4 report-category" href="/reports/metals-simandou-blocks-3-and-4-iron-ore-mine-16539166/"
        data-tracking-click="eyJldmVudCI6InByb2R1Y3RDbGljayIsImVjb21tZXJjZSI6eyJjbGljayI6eyJwcm9kdWN0cyI6W3sibmFtZSI6IlNpbWFuZG91IChCbG9ja3MgMyBhbmQgNCkgaXJvbiBvcmUgbWluZSIsImlkIjoiMzQxNzMiLCJwcmljZSI6IjIyNTAuMDAiLCJxdWFudGl0eSI6MX1dfX19" ga4-data-tracking-click="eyJldmVudCI6InNlbGVjdF9pdGVtIiwiZWNvbW1lcmNlIjp7Iml0ZW1zIjpbeyJpdGVtX2lkIjoiMzQxNzMiLCJpdGVtX25hbWUiOiJTaW1hbmRvdSAoQmxvY2tzIDMgYW5kIDQpIGlyb24gb3JlIG1pbmUiLCJwcmljZSI6IjIyNTAuMDAiLCJxdWFudGl0eSI6IjEifV19fQ==">
    <div class="row">
        <div class="col small-12 small-medium-4 report-category__cover">
            <div class="bg-asset-report report-cover">
    <div class="small-7 report-cover__logo"></div>
    
    
</div>
        </div>
        <div class="col small-12 small-medium-8">
            <span class="store_badge push-quarter--bottom">Asset Report</span>
            <h3 class="report-category__title">Simandou (Blocks 3 and 4) iron ore mine</h3>
            <div class="author push-half--bottom">
                    <div class="author__content">
                        <time class="delta store_featured_content_extrabold">17 March 2025</time>
                    </div>
            </div>

<p class="gamma store_landing__body off-black font-regular push-half--bottom">Rio Tinto retains a 45% interest in Simandou and aims to produce the first tonne in 2025.</p>

</div>
    </div>
</a>

<a class="dark-link col small-12 medium-6 xlarge-4 report-category" href="/reports/metals-newman-iron-ore-mine-49877174/"
        data-tracking-click="eyJldmVudCI6InByb2R1Y3RDbGljayIsImVjb21tZXJjZSI6eyJjbGljayI6eyJwcm9kdWN0cyI6W3sibmFtZSI6Ik5ld21hbiBpcm9uIG9yZSBtaW5lIiwiaWQiOiI3MjMzMCIsInByaWNlIjoiMjI1MC4wMCIsInF1YW50aXR5IjoxfV19fX0=" ga4-data-tracking-click="eyJldmVudCI6InNlbGVjdF9pdGVtIiwiZWNvbW1lcmNlIjp7Iml0ZW1zIjpbeyJpdGVtX2lkIjoiNzIzMzAiLCJpdGVtX25hbWUiOiJOZXdtYW4gaXJvbiBvcmUgbWluZSIsInByaWNlIjoiMjI1MC4wMCIsInF1YW50aXR5IjoiMSJ9XX19">
    <div class="row">
        <div class="col small-12 small-medium-4 report-category__cover">
            <div class="bg-asset-report report-cover">
    <div class="small-7 report-cover__logo"></div>
    
    
</div>
        </div>
        <div class="col small-12 small-medium-8">
            <span class="store_badge push-quarter--bottom">Asset Report</span>
            <h3 class="report-category__title">Newman iron ore mine</h3>
            <div class="author push-half--bottom">
                    <div class="author__content">
                        <time class="delta store_featured_content_extrabold">29 May 2025</time>
                    </div>
            </div>

<p class="gamma store_landing__body off-black font-regular push-half--bottom">Newman is BHP's oldest and highest cost Pilbara iron ore mining complex producing 78 Mtpa.</p>

</div>
    </div>
</a>

<a class="dark-link col small-12 medium-6 xlarge-4 report-category" href="/reports/metals-mont-wright-iron-ore-mine-16538426/"
        data-tracking-click="eyJldmVudCI6InByb2R1Y3RDbGljayIsImVjb21tZXJjZSI6eyJjbGljayI6eyJwcm9kdWN0cyI6W3sibmFtZSI6Ik1vbnQgV3JpZ2h0IGlyb24gb3JlIG1pbmUiLCJpZCI6IjMyODgwIiwicHJpY2UiOiIyMjUwLjAwIiwicXVhbnRpdHkiOjF9XX19fQ==" ga4-data-tracking-click="eyJldmVudCI6InNlbGVjdF9pdGVtIiwiZWNvbW1lcmNlIjp7Iml0ZW1zIjpbeyJpdGVtX2lkIjoiMzI4ODAiLCJpdGVtX25hbWUiOiJNb250IFdyaWdodCBpcm9uIG9yZSBtaW5lIiwicHJpY2UiOiIyMjUwLjAwIiwicXVhbnRpdHkiOiIxIn1dfX0=">
    <div class="row">
        <div class="col small-12 small-medium-4 report-category__cover">
            <div class="bg-asset-report report-cover">
    <div class="small-7 report-cover__logo"></div>
    
    
</div>
        </div>
        <div class="col small-12 small-medium-8">
            <span class="store_badge push-quarter--bottom">Asset Report</span>
            <h3 class="report-category__title">Mont Wright iron ore mine</h3>
            <div class="author push-half--bottom">
                    <div class="author__content">
                        <time class="delta store_featured_content_extrabold">06 March 2025</time>
                    </div>
            </div>

<p class="gamma store_landing__body off-black font-regular push-half--bottom">ArcelorMittal's (AM) key iron ore asset in Canada has a 26 Mtpa capacity. Planning to upgrade to DR pellets. 85% AM, 15% Asian partners.</p>

</div>
    </div>
</a>

</div>
    </div>
</div>

<div class="wrap soft-double--ends">
    <h2 class="store_featured_title push--bottom">Recently viewed reports</h2>
    <div class="flex__equal-height">
        <a class="col small-12 medium-6 xlarge-4 report-category dark-link" href="/reports/power-markets-the-infrastructure-investment-and-jobs-act-opportunities-for-ev-infrastructure-grid-resilience-and-transmission-533062/">
    <div class="row">
        <div class="col small-12 small-medium-4 report-category__cover">
            <div class="bg-insight-report report-cover">
                <div class="small-7 report-cover__logo"></div>
                
                
            </div>
        </div>
        <div class="col small-12 small-medium-8">
            <p class="store_badge push-quarter--bottom">Insight</p>
            <h3 class="report-category__title">The Infrastructure Investment and Jobs Act: Opportunities for EV infrastructure, grid resilience, and transmission</h3>
            <time class="delta store_featured_content_extrabold">04 October 2021</time>

<span class="giga store_featured_content_extrabold push--right push-quarter--bottom inline-block">$3,990</span>
        </div>
    </div>
</a><a class="col small-12 medium-6 xlarge-4 report-category dark-link" href="/reports/upstream-oil-and-gas-qatargas-4-lng-upstream-4126925/">
    <div class="row">
        <div class="col small-12 small-medium-4 report-category__cover">
            <div class="bg-asset-report report-cover">
                <div class="small-7 report-cover__logo"></div>
                
                
            </div>
        </div>
        <div class="col small-12 small-medium-8">
            <p class="store_badge push-quarter--bottom">Asset Report</p>
            <h3 class="report-category__title">Qatargas 4 (LNG) - upstream</h3>
            <time class="delta store_featured_content_extrabold">04 October 2024</time>

<span class="giga store_featured_content_extrabold push--right push-quarter--bottom inline-block">$3,720</span>
        </div>
    </div>
</a><a class="col small-12 medium-6 xlarge-4 report-category dark-link" href="/reports/upstream-oil-and-gas-greenstream-pipeline-8809861/">
    <div class="row">
        <div class="col small-12 small-medium-4 report-category__cover">
            <div class="bg-asset-report report-cover">
                <div class="small-7 report-cover__logo"></div>
                
                
            </div>
        </div>
        <div class="col small-12 small-medium-8">
            <p class="store_badge push-quarter--bottom">Asset Report</p>
            <h3 class="report-category__title">Greenstream Pipeline</h3>
            <time class="delta store_featured_content_extrabold">30 April 2024</time>

<div><div class="wrap push-double--ends"><div class="col small-12">
    <h2 class="store_featured_title">Browse reports by industry sector</h2>
</div>

<div class="browse-lister flex__equal-height"><div>
<a href="/store/industry-sector/petrochemicals/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/chemicals-polymers--fibres/woodmac_chemicals_020.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Chemicals</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/power-and-renewables/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/power--renewables/woodmac_wind_008.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Power and renewables</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/metals-markets/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/metals--mining/woodmac_metals_mining_051.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Metals markets</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/metals-costs/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/metals--mining/woodmac_metals_mining_052.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Metals costs</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/coal/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/metals--mining/woodmac_metals_mining_001.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Coal</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/macroeconomics-risk-and-global-trends/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/corporate-analysis/woodmac_corporate_002_2.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Macroeconomics, risk and global trends</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/lng-reports/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/gas--lng/woodmac_lng_001.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">LNG</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/upstream-oil-and-gas/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/upstream-offshore/allseas_transport-of-the-delta-topsides-to-hartlepool.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Upstream oil and gas</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/oil-and-gas-markets/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/upstream-offshore/woodmac_upstream_offshore_061.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Oil and gas markets</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/downstream-oil-refining/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/oils--refining/woodmac_oils_refining_018.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Downstream oil refining</h3>
        </div>
    </div>
</a></div></div>
</div></div>

</main>

<footer class="site-footer">
        <div class="site-footer__top bg-primary-color soft-double--ends">
            <div class="wrap flexbox--medium">
                <div class="col small-12 medium-5 large-5 push-1--large">
                        <p class="tera white font-regular push--bottom">Inspiring natural<br />resources decisions.</p>

<h2 class="kilo white font-regular push--bottom">Get valuable updates from our team of experts right into your inbox.</h2>

<a href="/nslp/the-inside-track/sign-up/" class="btn btn--primary push-half--top push-bottom--small">Sign up for weekly insights</a>

</div>
                
                <div class="col small-12 medium-7 large-6 show-for-medium-up">
                    <div class="flexbox flex__equal-height justify-between white">
                            <div class="col small-12 medium-4 large-4">
        <h2 class="site-footer__col-heading gamma uppercase push--bottom">DISCOVER</h2>
            <ul>
                    <li class="site-footer__item">
                        <a href="/industry/power-and-renewables/" title="Power & Renewables" class="site-footer__link gamma white">Power & Renewables</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/market-insights/topics/energy-transition/" title="Energy Transition" class="site-footer__link gamma white">Energy Transition</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/products/consulting/" title="Consulting" class="site-footer__link gamma white">Consulting</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/events/" title="Events" class="site-footer__link gamma white">Events</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/store/" title="Reports" class="site-footer__link gamma white">Reports</a>
                    </li>
            </ul>
    </div>

<div class="col small-12 medium-4 large-4">
        <h2 class="site-footer__col-heading gamma uppercase push--bottom">RESOURCES</h2>
            <ul>
                    <li class="site-footer__item">
                        <a href="/market-insights/" title="News & Opinion" class="site-footer__link gamma white">News & Opinion</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/horizons/" title="Horizons" class="site-footer__link gamma white">Horizons</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/market-insights/types/podcasts/" title="Podcasts" class="site-footer__link gamma white">Podcasts</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/profiles/" title="Our Experts" class="site-footer__link gamma white">Our Experts</a>
                    </li>
                    <li class="site-footer__item">
                        <a target="_blank" href="https://support.woodmac.com/en/" title="Customer support" class="site-footer__link gamma white">Customer support</a>
                    </li>
            </ul>
    </div>

<div class="col small-12 medium-4 large-4 flush--right">
        <h2 class="site-footer__col-heading gamma uppercase push--bottom">ABOUT WOODMAC</h2>
            <ul>
                    <li class="site-footer__item">
                        <a href="/about/overview/" title="About us" class="site-footer__link gamma white">About us</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/media-centre/" title="Media centre" class="site-footer__link gamma white">Media centre</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/careers/" title="Careers" class="site-footer__link gamma white">Careers</a>
                    </li>
                    <li class="site-footer__item">
                        <a target="_top" href="/about/our-locations/" title="Our locations" class="site-footer__link gamma white">Our locations</a>
                    </li>
            </ul>
    </div>

</div>
                </div>

<div class="col small-12 js-accordion show-for-small-only">
                        <div class="footer-accordion__wrapper">
        <h2>
            <button aria-expanded="false" class="footer-accordion__trigger js-accordion__trigger relative gamma white uppercase flex align-center font-bold" aria-controls="accordion-section--e951712a-c243-459b-8328-d399517d15bd" id="accordion-button--e951712a-c243-459b-8328-d399517d15bd">
                <span>DISCOVER</span>
                <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#fff" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#a)"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="a"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg>
            </button>
        </h2>
            <div class="footer-accordion__panel" id="accordion-section--e951712a-c243-459b-8328-d399517d15bd" aria-labelledby="accordion-button--e951712a-c243-459b-8328-d399517d15bd">
                <ul>
                        <li class="site-footer__item">
                            <a href="/industry/power-and-renewables/" title="Power & Renewables" class="site-footer__link gamma white">Power & Renewables</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/market-insights/topics/energy-transition/" title="Energy Transition" class="site-footer__link gamma white">Energy Transition</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/products/consulting/" title="Consulting" class="site-footer__link gamma white">Consulting</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/events/" title="Events" class="site-footer__link gamma white">Events</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/store/" title="Reports" class="site-footer__link gamma white">Reports</a>
                        </li>
                </ul>
            </div>
    </div>

<div class="footer-accordion__wrapper">
        <h2>
            <button aria-expanded="false" class="footer-accordion__trigger js-accordion__trigger relative gamma white uppercase flex align-center font-bold" aria-controls="accordion-section--4f169466-a257-4695-ae28-d7b1afdf2481" id="accordion-button--4f169466-a257-4695-ae28-d7b1afdf2481">
                <span>RESOURCES</span>
                <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#fff" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#a)"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="a"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg>
            </button>
        </h2>
            <div class="footer-accordion__panel" id="accordion-section--4f169466-a257-4695-ae28-d7b1afdf2481" aria-labelledby="accordion-button--4f169466-a257-4695-ae28-d7b1afdf2481">
                <ul>
                        <li class="site-footer__item">
                            <a href="/market-insights/" title="News & Opinion" class="site-footer__link gamma white">News & Opinion</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/horizons/" title="Horizons" class="site-footer__link gamma white">Horizons</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/market-insights/types/podcasts/" title="Podcasts" class="site-footer__link gamma white">Podcasts</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/profiles/" title="Our Experts" class="site-footer__link gamma white">Our Experts</a>
                        </li>
                        <li class="site-footer__item">
                            <a target="_blank" href="https://support.woodmac.com/en/" title="Customer support" class="site-footer__link gamma white">Customer support</a>
                        </li>
                </ul>
            </div>
    </div>

<div class="footer-accordion__wrapper">
        <h2>
            <button aria-expanded="false" class="footer-accordion__trigger js-accordion__trigger relative gamma white uppercase flex align-center font-bold" aria-controls="accordion-section--004bb483-1554-4214-832a-e8ea5d365723" id="accordion-button--004bb483-1554-4214-832a-e8ea5d365723">
                <span>ABOUT WOODMAC</span>
                <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#fff" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#a)"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="a"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg>
            </button>
        </h2>
            <div class="footer-accordion__panel" id="accordion-section--004bb483-1554-4214-832a-e8ea5d365723" aria-labelledby="accordion-button--004bb483-1554-4214-832a-e8ea5d365723">
                <ul>
                        <li class="site-footer__item">
                            <a href="/about/overview/" title="About us" class="site-footer__link gamma white">About us</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/media-centre/" title="Media centre" class="site-footer__link gamma white">Media centre</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/careers/" title="Careers" class="site-footer__link gamma white">Careers</a>
                        </li>
                        <li class="site-footer__item">
                            <a target="_top" href="/about/our-locations/" title="Our locations" class="site-footer__link gamma white">Our locations</a>
                        </li>
                </ul>
            </div>
    </div>

</div>
            </div>
        </div>
        <div class="site-footer__bottom bg-secondary-color soft--ends">
            <div class="wrap">
                <div class="flexbox--medium justify-between--medium">
                    <ul class="site-footer__link-list col small-12 medium-10 flexbox flex-wrap">
                            <li class="site-footer__item"><a class="site-footer__link gamma white" href="/conditions-of-use/">Terms of use</a></li>
                                                    <li class="site-footer__item"><a class="site-footer__link gamma white" href="/privacy-policy-centre/">Privacy</a></li>
                                                    <li class="site-footer__item"><a class="site-footer__link gamma white" href="/privacy-policy-centre/compliance/">Policies</a></li>
                                                                                                    <li class="site-footer__item"><a class="site-footer__link gamma white" href="/cookie-policy/">Cookie policy</a></li>
                    </ul>
                    <ul class="col flexbox push-top--small">
                            <li class="site-footer__item">
                                <a class="site-footer__social flexbox" href="https://x.com/WoodMackenzie">
                                        <span class="visuallyhidden">X</span>
    <svg width="24" height="24" viewBox="0 0 1200 1227" fill="none" xmlns="http://www.w3.org/2000/svg"><title>X</title><path d="M714.163 519.284L1160.89 0H1055.03L667.137 450.887L357.328 0H0L468.492 681.821L0 1226.37H105.866L515.491 750.218L842.672 1226.37H1200L714.137 519.284H714.163ZM569.165 687.828L521.697 619.934L144.011 79.6944H306.615L611.412 515.685L658.88 583.579L1055.08 1150.3H892.476L569.165 687.854V687.828Z" fill="white" /></svg>

</a>
                            </li>
                            <li class="site-footer__item">
                                <a class="site-footer__social flexbox" href="http://www.linkedin.com/company/wood-mackenzie">
                                        <span class="visuallyhidden">LinkedIn</span>
    <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" fill="none" aria-hidden="true" focusable="false"><title>LinkedIn</title><g clip-path="url(#clip0_1_238)"><path fill="#fff" d="M22.223 0H1.772C.792 0 0 .773 0 1.73v20.536C0 23.222.792 24 1.772 24h20.451c.98 0 1.777-.778 1.777-1.73V1.73C24 .773 23.203 0 22.223 0ZM7.12 20.452H3.558V8.995H7.12v11.457ZM5.34 7.434a2.064 2.064 0 1 1 0-4.125 2.063 2.063 0 0 1 0 4.125Zm15.112 13.018h-3.558v-5.57c0-1.326-.024-3.037-1.852-3.037-1.851 0-2.133 1.449-2.133 2.944v5.663H9.356V8.995h3.413v1.566h.047c.473-.9 1.636-1.852 3.365-1.852 3.605 0 4.27 2.372 4.27 5.457v6.286Z" /></g><defs><clipPath id="clip0_1_238"><path fill="#fff" d="M0 0h24v24H0z" /></clipPath></defs></svg>

</a>
                            </li>
                            <li class="site-footer__item">
                                <a class="site-footer__social flexbox" href="https://bsky.app/profile/woodmac.com">
                                        <span class="visuallyhidden">Bluesky</span>
    <svg width="24" height="24" viewBox="0 0 568 501" fill="none" xmlns="http://www.w3.org/2000/svg"><title>Bluesky</title><path d="M123.121 33.6637C188.241 82.5526 258.281 181.681 284 234.873C309.719 181.681 379.759 82.5526 444.879 33.6637C491.866 -1.61183 568 -28.9064 568 57.9464C568 75.2916 558.055 203.659 552.222 224.501C531.947 296.954 458.067 315.434 392.347 304.249C507.222 323.8 536.444 388.56 473.333 453.32C353.473 576.312 301.061 422.461 287.631 383.039C285.169 375.812 284.017 372.431 284 375.306C283.983 372.431 282.831 375.812 280.369 383.039C266.939 422.461 214.527 576.312 94.6667 453.32C31.5556 388.56 60.7778 323.8 175.653 304.249C109.933 315.434 36.0535 296.954 15.7778 224.501C9.94525 203.659 0 75.2916 0 57.9464C0 -28.9064 76.1345 -1.61183 123.121 33.6637Z" fill="white" /></svg>

</a>
                            </li>
                            <li class="site-footer__item">
                                <a class="site-footer__social flexbox" href="https://www.youtube.com/woodmackenziechannel">
                                        <span class="visuallyhidden">Youtube</span>
    <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" fill="none" aria-hidden="true" focusable="false"><title>Youtube</title><path fill="#fff" d="M23.76 7.2s-.233-1.655-.955-2.381c-.914-.956-1.936-.961-2.405-1.017-3.356-.244-8.395-.244-8.395-.244h-.01s-5.039 0-8.395.244c-.469.056-1.49.06-2.405 1.017C.473 5.545.244 7.2.244 7.2S0 9.145 0 11.086v1.819c0 1.94.24 3.886.24 3.886s.233 1.654.95 2.38c.915.957 2.115.924 2.65 1.027 1.92.183 8.16.24 8.16.24s5.044-.01 8.4-.249c.469-.056 1.49-.06 2.405-1.017.722-.727.956-2.381.956-2.381S24 14.85 24 12.905v-1.819c0-1.94-.24-3.886-.24-3.886ZM9.52 15.113V8.367l6.483 3.385-6.483 3.36Z" /></svg>

</a>
                            </li>
                    </ul>
                </div>
                
            </div>
        </div>
    </footer>

var registerClicks = function () {
        var querySelector = '[ga4-component-tracking]';
        var dataSelector = document.querySelectorAll(querySelector);
        if (dataSelector !== undefined && dataSelector !== null) {
            for (var i = 0; i < dataSelector.length; ++i) {
                dataSelector[i].onclick = function () {

var ga4ComponentData = this.getAttribute('ga4-component-tracking');
                    if (ga4ComponentData !== undefined && ga4ComponentData !== null) {
                        ga4ComponentData = window.atob(ga4ComponentData);
                        componentdata = JSON.parse(ga4ComponentData);
                        dataLayer.push(componentdata);
                    }
                }
            }
        }
    }

registerClicks();
</script>

window.dataLayer = window.dataLayer || [];

var registerClicks = function () {

var querySelector = '[data-tracking-click],[ga4-data-tracking-click]';
        var dataSelector = document.querySelectorAll(querySelector);
        if (dataSelector !== undefined && dataSelector !== null) {
            for (var i = 0; i < dataSelector.length; ++i) {
                dataSelector[i].onclick = function() {
                    var data = this.getAttribute('data-tracking-click');
                    if (data !== undefined && data !== null) {
                            data = window.atob(data);

data = JSON.parse(data);

dataLayer.push(data);
                    }

var ga4data = this.getAttribute('ga4-data-tracking-click');
                    if (ga4data !== undefined && ga4data !== null) {
                            ga4data = window.atob(ga4data);

ga4data = JSON.parse(ga4data);

dataLayer.push(ga4data);
                    }
                }
            }
        }
    }

registerClicks();

</script>

Upstream

Emissions & Carbon Management

Energy Transition Scenarios & Technologies

Power & Renewables

Gas & LNG

Metals & Mining

Oils & Chemicals

Commodity Trading Analytics

Supply Chain Analytics

Consulting

Wood Mackenzie Events

Industry

Global events

Asia

Africa

Europe

North America

Power and renewables

Upstream oil and gas

Macroeconomics, risk and global trends

Oil and gas markets

Midstream oil and gas

LNG

Downstream oil refining

Coal

Metals markets

Metals costs

Chemicals

Wallmaps for sale

Power & Renewables

Hydrogen

Upstream

Subsurface

Gas & LNG

Metals & Mining

Carbon

Emissions

Lens Direct - API

Access our research platforms

Simandou (Blocks 1 and 2) iron ore mine

$2,250

Contact us