Rio Tinto produces iron ore for steel, aluminium for cars and smart phones, copper for wind turbines, diamonds that set the standard for responsible sourcing, titanium for household products, and borates for crops that feed the world.
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In close and transparent collaboration with our partners, stakeholders and local communities, Rio Tinto will deliver on the promise of the Simandou project to international standards of operational health and safety, governance, social wellbeing, and environmental stewardship.
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Mining and processing, by its very nature, can have disruptive impacts on the environment, including on local communities. At the same time, mining also delivers significant economic and social benefits to communities, including employment, local business development, tax and royalty streams, as well as education and health programmes. Our goal is always to maximise these benefits and minimise any disruptive impacts as much as possible.
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The Simandou project is imminently due to become the world’s largest greenfield mining project and the largest ever undertaken on the African continent. This once-in-a-generation megaproject will not only place Guinea on the world stage as a top global producer of high-quality, low impurity iron ore, it will also set a new benchmark for large scale project development throughout the region.
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Rio Tinto highlights Simandou Project progress at annual Capital Markets Day

December 11, 2024

London, United Kingdom – Rio Tinto has provided an update on Simandou, Africa’s largest integrated mine and infrastructure project at its key annual investor event, Capital Markets Day, The event, held in London, heard about progress to develop the SimFer mine and infrastructure noting that the project is on track to commence first production from SimFer in 2025, ramping up over 30 months to an annualised capacity of 60 million tonnes per year.

The Simandou project is a cornerstone for Rio Tinto’s future growth strategy, representing one of the largest high-grade iron ore deposits in the world. Its development will significantly enhance Rio Tinto’s portfolio, providing a reliable source of premium-quality iron ore to meet global demand.

Beyond its importance for Rio Tinto, Simandou will have a transformative impact on Guinea by contributing to jobs creation, fostering skills transfer through capacity-building initiatives and generating opportunities for local businesses through procurement and supply chain partnerships.

Mark Davies, Rio Tinto Chief Technical Officer, said: “I was recently in Guinea with our team to celebrate completion of a critical bridge on SimFer’s rail spur, an important piece of infrastructure that will connect Simandou blocks 3&4 to the TransGuinéen main railway. We are making remarkable progress at the mine, rail spur and the port, advancing at pace and on schedule. For Rio Tinto, this is not just about delivering a world-class mining operation but doing so in alignment with internationally recognized ESG standards and ensuring that the benefits of this transformative project are experienced by local communities, through job creation, infrastructure development, and skills transfer.”

As one of the most ambitious infrastructure and mining developments in Africa, Simandou reflects Rio Tinto’s commitment to investing in sustainable and inclusive projects that deliver long-term value to all stakeholders, including host countries and communities.