Simandou mine: How Chinese machinery maker XCMG benefits from the mega-project

A large share of the high-grade iron ore from Guinea’s Simandou mine is destined for China. For state-owned machinery manufacturer XCMG, the USD 20 billion project represents a major growth market.

Lucia Weiß

23. November 2025

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Lucia Weiß

23. November 2025

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Last updated: 23. November 2025