Key facts
- The Simandou mine in Guinea contains the world's largest and highest-grade untapped open-pit hematite reserves.
- The project is located deep within forested mountains in southeastern Guinea.
- Simandou was considered an exceptionally difficult mining puzzle.
The Simandou mine, located in the forested mountains of southeastern Guinea, is recognized for holding the world's largest and highest-grade untapped reserves of open-pit hematite, a primary source of iron. For years, the project was considered one of the most formidable mining puzzles on Earth due to its complex nature and location. However, an unlikely alliance has reportedly succeeded in overcoming these significant challenges, effectively cracking the Simandou deal.