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The world needs Simandou iron-ore, Rio Tinto CEO says

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The world needs Guinea’s massive Simandou iron-ore deposit to be developed, Rio Tinto’s chief executive said on Thursday, despite uncertainty in Guinea after last month’s coup. “There is, of course, a bit of uncertainty about Guinea at this point in time, but fundamentally nothing has changed; namely, that there is a need for the world to develop Simandou,” Rio Tinto CEO Jakob Stausholm said.

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