Authorities in Guinea on Tuesday officially launched production at Simandou, a gigantic mining project that they hope will propel the poor west African country into the ranks of the world's largest iron exporters.

The long-awaited launch took place at a ceremony attended by the head of Guinea's junta, General Mamady Doumbouya, south of Conakry at the port of Morebaya, through which the ore will be shipped.

Doumbouya, who came to power in a 2021 coup, declared the day a public holiday, a sign of the importance authorities have attached to the mine.

Of the four Simandou mining deposits, two are being developed by Chinese-Singaporean group Winning Consortium Simandou (WCS) and the other two by SimFer, a consortium owned by Rio Tinto and Chinese giant Chinalco.

The project will ideally pro

See Full Page