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Vale’s Guinea ore project still under review

Keywords: Tags  Vale, iron ore, Simandou project, Guinea project, Zogota Mine, Brazil miner, Ana Paula Camargo


SÃO PAULO — Vale’s SA Simandou iron ore project in Guinea remains under review despite being dropped from its approved project list.

"The project has not been cited (in the list) because there (aren’t) recurring expenses related to it at the moment," a spokeswoman told AMM sister publication Steel First.

The Brazilian miner made no reference to either Simandou or the nearby Zogota Mine in its financial results for the first quarter (amm.com, April 25).

A version of this article was first published by AMM sister publication Steel First.


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