Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 474

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 474
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 an area of 369km2.SimFer has also signed a Co-Development Agreement with theState and WCS on 10 August 2023, to enable co-developmentof the rail and port infrastructure for the Simandou iron oreprojects. The Co-Development Agreement, which, along withbipartite amendments for each of the SimFer and WCS MineConventions, adapts the existing investment frameworks ofSimFer (including its pre-existing BOT Convention) and WCS.These conventions and amendments were ratified by theGuinean National Transition Council on 3 February 2024 andcame into force on 30 May 2024.Key permit conditionsIn addition to the SimFer Mining Concession, the ACBC, asamended by the mine bipartite agreement, establishes the legalregime for the mine project and sets out SimFer’s key legalrights and protections. The Simandou mine SEIA was originallyapproved in 2012 and has been updated through an approvedSEIA in 2024. A SEIA for the mine and rail spur was approvedin July 2024, and updated SEIA for Port terrestrial worksapproved in September 2024. An updated SEIA for Port marineworks is undergoing regulatory approvals as of December2024. Approvals have been maintained in accordance withapplicable law throughout construction, through annualrenewals of certificates of conformance. |     | HistorySimFer submitted a bankable feasibility study to the State in2016, with further feasibility studies for mine and infrastructureto reflect the infrastructure co-development arrangementscompleted in 2022, 2023 and 2024, and which have beensubmitted to or approved by the State as required by theinfrastructure co-development arrangements and theinvestment framework.Property description/type of mineOpen pit.This Property is considered a development stage property forSK-1300 reporting purposes.Type of mineralisationSupergene-enriched itabirite hosted iron ore deposits. Thedeposits are part of a supracrustal belt with the banded ironformation proto-ore likely deposited in a shallow marine settingwithin a forearc basin. The age of deposition is considered tobe between 2.7Ga and 2.2Ga.Processing plants and other available facilitiesCurrent plans are for the run-of-mine ore to be coarselycrushed at the Ouéléba mine site at a maximum rate of 60Mtpaphase 1 capacity to P100 of -100mm through