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Should we allow RIO to kill the Pilbara? – MacroBusiness

That’s China’s plan. And RIO is integral to it, via Bloomie: Rio Tinto Group is accelerating work toward potential development of the giant Simandou iron ore project in Guinea, as half-year earnings showed the steel-making ingredient dominated the second-bigg…

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Rio Tinto Group is accelerating work toward potential development of the giant Simandou iron ore project in Guinea, as half-year earnings showed the steel-making ingredient dominated the second-biggest miners profits.
…Under all scenarios Simandou will be developed, with or without Rio Tinto, Chief Executive Officer Jean-Sebastien Jacques said in an interview Wednesday. There is a huge incentive for the Chinese to make it happen now.
…Simandou is divided into four blocks, with 1 and 2 controll…

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