The International Resource Journal: Rio and Chinalco hit iron ore deal, West Africa

Rio and Chinalco hit iron ore deal, West Africa
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admin on 19 March, 2010 07:47:00
 
IRJ Mar 19 - Mining giants Rio Tinto and Chinalco, of China, have signed an
agreement to develop an iron ore location in Guinea, West Africa.
"We have long believed that Rio Tinto and Chinalco could work together on major
projects for mutual benefit," Tom Albanese, CEO at Rio Tinto told press.
This deal is on the Simandou mine, (95 per cent Rio Tinto) and also includes a
port and rail infrastructural plan.