Rio Tinto ready to build Simandou after almost 30 years of setbacks
Simandou has faced delays due to legal disputes, political changes, and the challenges of building a 600 km rail and port infrastructure.
The joint venture (JV) between Australian miner Riversdale Mining and Indian steel giant Tata Steel, which is developing the Benga coal project, in Mozambique, has fast-tracked the feasibility study to develop the project as a 20-million-ton-a-year project after an 84% increase in the project’s resources and reserves. Read more at http://www.miningweekly.com/article/jv-fast-tracks-new-benga-feasibility-study-following-84-increase-in-resource-and-reserves-2010-05-28