Our company completes the equity transfer of Simandou Iron Ore Project

Our company and the Simandou Win Alliance completed the equity transfer of the world's largest iron ore project, the Simandou Iron Ore Project, marking the entry of the project into a new stage of cooperative development. As a national strategic project of Guinea and an important project of China-Guinea cooperation, the Simandou Iron Ore Project has an annual production capacity of 120 million tons of high-quality iron ore after completion and production. Its successful development will play a positive role in promoting the economic and social development of Guinea and provide a green and low-carbon option for the high-quality development of the global steel industry.