When I labelled Simandou the “Pilbara killer,” I did not expect the name to travel so widely.
All the way to the top, in fact, as RIO responded directly to the label yesterday:
Long-dubbed the Pilbara Killer, Rio’s latest major development will bring the world’s largest untapped high-grade iron ore deposit to market, with its share of the Simfer JV – covering the southern two of four permits at the range and port and rail infrastructure for the remote operation – expected to cost US$6.2bn and contributed 27Mtpa of premium 65% Fe plus product.
