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GoG/Simfer – Simandou Iron Ore Mine Development – Guinea - Project Profile

1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

GoG/Simfer – Simandou Iron Ore Mine Development – Guinea - Project Profile

Synopsis

"GoG/Simfer – Simandou Iron Ore Mine Development – Guinea - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "GoG/Simfer – Simandou Iron Ore Mine Development – Guinea - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Government of Guinea (GoG), along with Simfer S.A., a subsidiary of Rio Tinto PLC, is planning to undertake the Simandou Iron Ore Mine Development project in Guinea, West Africa.

The project involves the construction of three core elements, a mine, a railway and a port.

The first component is the development of the mine, which is expected to produce up to 95 million tons of iron ore per year.

The second component is the construction of a 670km long railway line, which will run from Simandou mountain range to the proposed deepwater port. The rail route will include the construction of a total of 39 bridges, 1,000 culverts, 13 passing slides and 28km of tunnels.

The third component is the construction of a new deepwater port and associated infrastructure to facilitate shipping of the ore.

The project will include the construction of access roads, installation of safety systems, and the construction of the other related infrastructure facilities.

SRK Consulting Company provided geotechnical design of the open pits and waste dumps for the pre-feasibility study.

AECOM has been appointed to undertake the feasibility study and the detailed engineering phase for the railway and deepwater port infrastructure.

Calibre Group has been appointed to conduct an Order of Magnitude Study / Value Enhancement Study on the rail infrastructure works.

Fluor Corporation has been appointed to provide initial work and engineering services for the project. Louis Berger has been appointed as the technical consultant for the project.

In October 2011, NRW Pty Ltd was awarded the earthworks contract for the project.

In 2012, preliminary works on the project commenced.

In December 2012, Guicopres BTP, Kansereya-ERBAB and Guiter were awarded the preliminary construction work contract of the project.

In 2013, GoG approved the social and environmental impact assessment.

In May 2014, Rio Tinto along with Chinalco Mining and International Finance Corp signed an Investment Framework with the Government of Guinea to develop the project, which had been delayed for years.

The project is facing delaying because of lawsuit between Rio Tinto PLC and BSGR/Vale for the mining rigts in Southern Part of Simandou mine.

The president of Guinea has suspended the tender process due to political issues.

In February 2016, IFC, a member of the World Bank Group, released a statement for providng support on the ongoing Simandou project.

In May 2017, The Chinese company Chinalco proposes taking entire Guinea Simandou iron ore mine.

The project is facing delay due to the probe in the corruption case against BSGR and Rio Tinto.

Scope

The project involves the development of Simandou iron ore mine and construction of associated infrastructure in Guinea, West Africa.

The US$20,000 million project includes the following:

1. Construction of a 670km long railway line

2. Construction of a new deepwater port

3. Construction access roads

4. Installation of safety systems

5. Construction of the other related infrastructure facilitiesReasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


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