Rio Tinto lands final approvals to take Simandou forward
Rio Tinto (ASX:RIO) has now received all the necessary regulatory approvals to begin development of the Simandou iron ore deposit in Guinea. The receipt of necessary Guinean and Chinese regulatory approvals, and the recent approval from the Simfer board, clears the way for the major's US$6.2 billion ($9.2 billion) investment in the development.
