How the world’s biggest mining project is a win for China

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The $23 billion Simandou mine in Guinea is set to begin operations, potentially shifting the balance of power in the global iron ore market in favor of China.

Market Impact

Market impact analysis based on bearish sentiment with 65% confidence.

Sentiment
Bearish
AI Confidence
65%

Article Context

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The $23bn Simandou mine in Guinea has taken almost three decades to begin operating but could tilt the balance of power in the global iron ore market

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Full article on Financial Times
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Original article published by Financial Times on November 11, 2025.
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