中企参与开发全球储量最大铁矿

Core Insights - The Simandou iron ore project in Guinea, which is the largest undeveloped iron ore deposit globally, is set to commence production, with an initial annual output of 120 million tons, significantly impacting the global iron ore supply landscape [1][2] - Chinese companies, including China Aluminum and China Baowu, are involved in the development of the Simandou project, which has an estimated iron ore reserve of 4.4 billion tons and a total estimated reserve of 5 billion tons [1][2] Group 1 - The Simandou iron ore has a high grade of approximately 66%, which is significantly above the average of major iron ores worldwide, leading to higher smelting efficiency and reduced metallurgical coal consumption [1] - The project faced challenges in infrastructure development due to natural obstacles, but Chinese companies managed to recover a six-month delay in the construction of the Maribaya port and a modern railway system [2] - The commencement of the Simandou project will enhance the security of China's steel raw material supply chain, reducing reliance on iron ore imports from Australia and Brazil, thus diversifying supply sources [2]