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Guinea presses Rio Tinto and Baowu to build processing facilities for Simandou proje-热处理展-工业炉展-2026第二十六届广州国际热处理、工业炉展览会-巨浪展览—The 26th China(Guangzhou)Int'l Heat Treatment, Industrial Furnace Exhibition
9/15/2025 热处理展-工业炉展-heat treatment expo-furnace expo |
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The Guinean government has pressed developers including Rio Tinto and China''s Baowu to move beyond rawore exports by building domestic refineries and smelting plants, according to media reports. The policy aims tostrengthen local industrialization, generate jobs, and capture more value from the nation''s mineral wealth.Guinea''s industrialization push
Planning Minister ismael Nabé announced that all mining consortia at Simandou must intearate downstreamprocessing facilities into their development strategies. He stressed that Guinea''s new policy breaks away fromdecades of raw ore exorts, instead reauirina companies to process minerals domestically before shipping them
overseas."We want to build a refinery in Guinea. That''s our game plan," Nabe declared. "lf Baowu comes to Guinea, theywil build a refinery before exporting. For 50 years, we''ve been sending minerals overseas. Now we must createjobs and transform the ecosystem."
Investment and infrastructure challenges
Developers face the prospect of multi-bilion-dollar additional investment to build processing facilities andsmelters on top of already costly ral and port infrastructure. These requirements could delay the start of first oreshipments, originally expected to contribute significantly to global iron ore supply.
The Guinean authorities have made clear that project partners must submit detailed refinery and smelter plansto comply with the government''s industrialization agenda
热处理展-工业炉展-2026第二十六届广州国际热处理、工业炉展览会-巨浪展览—The 26th China(Guangzhou)Int''l Heat Treatment, Industrial Furnace Exhibition
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