Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 473

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 473
---
 (15%)SimFer Jersey is ajoint venture betweenRio Tinto (53%) andCIOH (47%), aChinalco-led jointventure with Baowu,China RailConstructionCorporation and ChinaHarbour EngineeringCompanyOperatorSimFer S.A. (mine)LocationThe SimFer MiningConcession is located~550km east-southeast of Conakryin the Republicof Guinea |     | Access and infrastructureThe site has road access and is readily accessible for power,water, and additional infrastructure requirements. Existing campfacilities support construction activity and future Life of Mineoperational teams. The existing Beyla airstrip is also beingupgraded to enable greater access and larger capacity.Iron ore extracted from the SimFer Mining Concession will beexported through a rail and port infrastructure which is beingco-developed by the State, and dedicated infrastructureaffiliates of SimFer Jersey (SimFer Infraco) and WinningConsortium Simandou (WCS Infraco). The infrastructure willalso be used to export production from Simandou Blocks 1 & 2which are independently owned and developed by WinningConsortium Simandou (WCS), a consortium comprisingWinning International Group, China Hongqiao Group and inwhich Baowu acquired a 49% participation on 19 June 2024.The infrastructure includes a purpose-built port facility atMorebaya estuary (south of Conakry) to be accessed by a536km main rail line with rail spurs connecting our Concession(68km) and WCS’s (16km) respectively. The main rail line willhave an initial capacity of up to 120Mtpa. The ultimate ownerand operator of the infrastructure will be the Compagnie duTransguinéen (CTG), an incorporated joint venture betweenSimFer Infraco (42.5%), WCS Infraco (42.5%) and the State(15%).Title/lease/acreageSimFer Mining Concession was granted by Presidential Decreeon 22 April 2011 under the conditions of the Amended andConsolidated Basic Convention (ACBC), which was ratified bythe Guinean National Assembly on 26 May 2014. The SimFerMining Concession duration is 25 years, renewed automaticallyfor a further period of 25 years followed by further 10-yearperiods in accordance with the applicable Guinean MiningCode and the ACBC. It covers