Rio Tinto expects first iron ore shipment from Guinea's Simandou in November

Rio Tinto expects its first iron ore shipment from Guinea's Simandou project in November, Gerard Rheinberger, the Anglo-Australian mining giant's managing director for Simandou, said on Monday. Simandou is largely a Chinese venture, with 75% of the production controlled by Chinese companies including Baosteel, and 25% held by Rio Tinto, the world's largest iron ore miner. The first cargoes from the project were previously expected to arrive by the end of 2025.