Data from Clarksons show that Chinese buyers, including those headquartered in Singapore, have bought 41% of all the 102 ...
Stock Advisor returns as of February 3, 2025 This article is a transcript of this conference call produced for The Motley ...
Owners of Rio Tinto Ltd (ASX: RIO) stock will have recently seen their company report its FY24 result. Here’s what investors ...
Wabtec agreed a few months ago to supply Simfer with a US$277 million locomotive fleet. After almost three decades of false starts, Guinea's massive Simandou iron ore mine is on track to deliver ...
Wabtec has secured a $248m order from the Winning Consortium Simandou (WCS), a joint venture between Baowu and Winning, to supply locomotives and related services for the Simandou iron ore project ...
This order follows a previous order from SimFer, a Rio Tinto joint venture, to supply locomotives for the same project. The combined value of the orders exceeds $500m, marking them one of Wabtec’s ...
Rio Tinto holds the rights to Blocks 3 and 4 – which host a 2.8 billion tonne resource – in the south of the overall concession area and is the majority shareholder and managing partner of Rio Tinto ...
The multi-user line is being developed by the Compagnie du TransGuinéen joint venture of the government (15%) and mining concessionaires WCS (42·5%) and Rio Tinto Simfer (42·5%) which will share the ...
The agreement follows a locomotive order a few months earlier from SimFer (a Rio Tinto joint venture), to serve its operations at Simandou. The combined orders for the project, valued at more than ...
The agreement emphasizes close collaboration between WABTEC and key mining partners—WCS, BAOWU, and RIO TINTO/SIMFER—under the umbrella of the Trans-Guinean Company (CTG). President Doumbouya ...
WINNING Consortium Simandou (WCS) has confirmed a $US 248m order with Wabtec for the supply of 65 Evolution Series ES43ACmi locomotives and associated services. The ...
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