Original article by Nick Evans
The Australian – Page: 17 & 20 : 8-Oct-19

Fortescue Metals Group and the SMB-Winning consortium are said to be the only remaining contenders to acquire the right to develop blocks 1 and 2 of the Simandou iron ore deposit in Guinea. Fortescue CEO Elizabeth Gaines says details of the pure-play iron ore miner’s bid are confidential and there is no guarantee that any bid will be successful. Simandou is estimated to hold more than two billion tonnes of iron ore, with average grades of about 65 per cent iron content.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, UMS, SHANDONG WEIQIAO ALUMINIUM POWER COMPANY LIMITED, WINNING SHIPPING, RIO TINTO LIMITED – ASX RIO, BSG RESOURCES LIMITED, VALE SA, ALUMINIUM CORPORATION OF CHINA LIMITED, BHP GROUP LIMITED – ASX BHP