Australia’s ‘millionaires factory’ has given Rio Tinto’s replace on its slated $9.5 billion funding in the direction of the mega Simandou iron ore challenge within the West African nation of Gabon, the thumbs up.
In a analysis notice to purchasers, Macquarie Group mentioned Rio’s ramp up at Simandou is about to be sooner than initially anticipated.
https://thewest.com.au/business/mining/macquarie-group-gives-rio-tintos-95b-pilbara-killer-african-iron-ore-investment-the-tick-c-12818445
