Asset Report

Simandou (Blocks 1 and 2) iron ore mine

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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. Drawing on developments at Blocks 3 and 4, we assume early-stage mining activities are underway, with first shipments potentially aligned to late 2025. Shared infrastructure across both projects introduces logistical complexity, particularly around ore movement and port access. This report outlines inferred timelines, operational risks, and coordination challenges, with a focus on infrastructure readiness and stakeholder alignment.

Table of contents

  • Summary

Tables and charts

This report includes the following images and tables:

  • Simandou (Blocks 1 and 2) Emission Intensity Quartile ranking – total global production - tonnes of ore
  • Detail Map
  • Participation
  • Marketable reserves (at 01/01/2025)
  • Production
  • Production
  • Operations
  • Infrastructure
  • Cash costs
  • Cash costs
  • Capital costs
  • Product quality
  • 1 more item(s)...

What's included

This report contains:

  • Document

    Simandou (Blocks 1 and 2).xls

    XLS 160.50 KB

  • Document

    Simandou (Blocks 1 and 2) iron ore mine

    PDF 1.69 MB