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.
According to statistics released by Japan’s Ministry of Finance, Japan’s iron ore imports totaled 10.6 million tonnes in February this year falling by 9% MoM and up 10.4% compared to February 2012.
The ministry’s data showed that Japan’s iron ore import…