Asset Report

Simandou (Blocks 3 and 4) 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 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.

Table of contents

  • Summary

Tables and charts

This report includes 13 images and tables including:

  • Simandou (Blocks 3 and 4) Emission Intensity Quartile ranking – total global production - tonnes of ore
  • Detail Map
  • Participation
  • Marketable reserves (at 01/01/2024)
  • Production
  • Production
  • Operations
  • Infrastructure
  • Cash costs
  • Cash costs
  • Capital costs
  • Product quality
  • Economic assumptions

What's included

This report contains:

  • Document

    Simandou (Blocks 3 and 4) iron ore mine

    PDF 1.70 MB

  • Document

    Simandou (Blocks 3 and 4).xls

    XLS 158.50 KB