Simandou Iron Ore Project
Sector: Metal • Location: Guinea
Source: Lowy Institute
The Simandou iron ore project in Guinea is a US$23 billion project anchored by Chinese equity. It delivered its first shipment to China in January 2026 and is expected to become the world's third-largest iron ore exporter by 2029. The project produces high-grade ore suitable for green steel and aligns with China's ambitions to decarbonise.
- Status
- Under Construction
- Sector
- Metal, Steel
- Location
- Guinea
- Updated
- 22 Jul 2026
- Source
- Lowy Institute
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Simandou iron ore project in Guinea is a US$23 billion project anchored by Chinese equity. It delivered its first shipment to China in January 2026 and is expected to become the world's third-largest iron ore exporter by 2029. The project produces high-grade ore suitable for green steel and aligns with China's ambitions to decarbonise. |
Original sector | Mining |
Budget |
Location
Country | Guinea |
Source
Source | Lowy Institute |
URL |
More Details
Record type | Project |
Sector | Metal, Steel |
Article published date | 2026-03-22 |
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