Financial Times FT.com

Rio seeks China deal for Africa mine

By Rebecca Bream

Published: May 15 2008 03:00 | Last updated: May 15 2008 03:00

Rio Tinto is seeking partnerships with Chinese steel and construction companies to help develop a $6bn West African iron ore mine, in what would be the mining group's largest deal with China, its biggest customer.

Sam Walsh, head of Rio's iron ore division, said in an interview with the Financial Times that the Simandou project in Guinea could eventually supply steelmakers in Europe and Asia with up to 170m tonnes of iron ore a year.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this