Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 536

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 536
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 the Guinean State, and other entities, and have an impact on Rio Tinto’s interest in, and obligations relating to, Simandou: – SimFer mining concession over Blocks 3 and 4 was granted on 22 April 2011 by Presidential Decree No. D/2011/134/ PRG/SGG, which was published in the April special issue of the Official Journal of the Republic of Guinea (Concession Decree). – In 2012, the Environment and Social Impact Assessment (ESIA) was originally approved, and the Government of Guinea declared Simandou a “Project of National Interest”. Approvals have been maintained in accordance with applicable law throughout construction, through annual renewals of certificates of conformance. – The ESIA has been updated through approved ESIAs. An ESIA for the SimFer Mine and Spur Line was approved in July 2024, and updated ESIA for Port terrestrial works was approved in September 2024. An updated ESIA for Port Marine works is undergoing regulatory approval as of December 2024. – The investment framework for the development of Simandou, including a mining convention (Amended and Consolidated Basic Convention), as adjusted on 10 August 2023 (Mine Bipartite Agreement) to take into account the new co-developed rail and port infrastructure project; and a Build Operate Transfer convention (BOT Convention), as amended on 10 August 2023 by the Co-Development Agreement. The BOT Convention will remain in force during the whole construction of the SimFer scope. During operation, CTG will operate the rail and port infrastructure under dedicated rail and port conventions. – The Concession duration is 25 years, renewed automatically for a further period of 25 years followed by further 10-year periods in accordance with the mining convention and the applicable Guinean mining legislation, provided SimFer has complied with its obligations under the Amended and Consolidated Basic Convention. – The co-developed rail and port infrastructure includes a purpose-built port facility to be constructed at Morebaya estuary, which will facilitate the export of the iron ore from the SimFer Mine, and WCS Mine. The port will have a capacity of 120 million tonnes per annum (Mtpa) and will be shared with WCS. The port will be accessed by a purpose built 536km main rail line with spurs to connect the SimFer Mine (68km), and WCS Mine (16km) to the