Guinea: Baowu joins Simandou blocks as China consolidates


Issue 470 - 13 Oct 2022 - By Marc Howard | 1 minute read

State-owned China Baowu Steel Group has signed an agreement with Winning Consortium Simandou (WCS) to help develop blocks 1 and 2 of the giant iron ore project. WCS said Baowu would work “as a potential investor in close collaboration with its partners”.

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