First China ore shipment rewards Guinea coup leader's push for Simandou alliance

When negotiations stalled, he quickly followed through on his threat by suspending all early works by WCS after the companies failed to meet his deadline to form a joint venture.Doumbouya began by meeting concession holders, including Rio Tinto's former CEO Jakob Stausholm in December 2021 and WCS executives, to impose joint development.Soon after the coup, the then 36-year-old Doumbouya took steps to consolidate the Simandou project, reorganising it into a single national strategic asset, according to inte ...