Simandou project ‘good for the planet’, says Rio Tinto CEO
Rio Tinto CEO Jakob Stausholm discusses how the company’s long-awaited Simandou iron ore project is “good for the planet”. This week Rio Tinto greenlighted its $20 billion investment in the iron ore deposit located in Guinea. Mr Stausholm told Sky News Business Editor Ross Greenwood that Simandou is “probably the highest-grade iron ore on the planet”. “It’s good for the environment to extract it,” he said. “It’s complimentary to our high grade in the Pilbara.”
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