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.
BHP Billiton’s efforts to control costs in the face of weaker demand for key industrial commodities has shifted to cutting jobs at its Australian iron ore operations, the biggest driver of earnings for the world’s largest mining company. The…