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.
ASX-listed explorer Jupiter Mines has started a feasibility study on its A$1.6-billion Mount Ida magnetite project, in Western Australia, the company said on Monday.
The feasibility study would be based on production of ten-million tons of magnetite concentrate a year, grading 68% iron.
