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Rio Tinto chief shelves giant Guinea iron-ore project – newspaper

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IRON-ORE
Rio Tinto has shelved its $20-billion Simandou iron-ore project in Guinea because of a sustained slump in prices, the company's new CE Jean-Sebastien Jacques said in an interview with The Times newspaper. Rio Tinto declined to comment on the article.
 
 
 
 
 

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