Will Simandou Settlement Kickstart Guinea’s Iron Ore Sector?

Simandou, located 550km from the capital Conakry in southeastern Guinea, is among the most biologically diverse stretches of vegetation in the world.

However it is the battle for the resources lying beneath the ground which have made the 110km mountain range infamous on the international stage. 

The region is home to some of the largest untapped high-grade iron ore deposits anywhere on earth, and if harnessed, observers believe it could potentially produce millions of tonnes per year, double Guinea’s GDP and create thousands of jobs.

Yet the mine has never been successfully exploited.

Legal disputes, corruption allegations and the absence of infrastructure to export the mineral have stifled development of the contested mine for years, but change may finally be on the horizon.