Simandou (Blocks 3 and 4) iron ore mine Report

Asset Report 17 March 2025

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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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 costs of mines supplying the seaborne market, accounting for just under 10% of the total seaborne export production. With Winning Consortium progressing with the development of Simandou (Blocks 1 and 2), Rio Tinto aims to start production in 2025 from Block 3. 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. Once operational, Chinese state-owned entities may hold and control 45% of the entire Simandou deposit (including blocks 1,2,3 and 4).</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

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

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         <li class="list__item push-quarter--bottom">Simandou (Blocks 3 and 4) 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>
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            <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>
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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
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<p class="font-regular" >Simandou (Blocks 3 and 4) iron ore mine</p>
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    <span>PDF</span>
    <span>1.69 MB</span>
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<p class="font-regular" >Simandou (Blocks 3 and 4).xls</p>
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    <span>XLS</span>
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