Steel News

We strive to let you one step ahead of the market.

Rio Tinto reaches agreement with Takraf on Simandou IPCC project

9 Nov 2023 14:15 reported by Yolanda Wang

A A A
Takraf has signed a contract with Rio Tinto to provide integrated in-pit crushing and conveying (IPCC) services to the Simandou iron ore complex in Guinea. The Simandou complex is one of the largest unexploited high-grade iron ore deposits in the world.

Under the contract, Takraf will design, fabricate, and deliver advanced and integrated IPCC services and a material handling system.

The scope of the contract includes two main IPCC systems, consisting of two Takraf X-TREME-class sizers for crushing the extracted ore and there is also a secondary IPCC system for further ore processing.

Takraf Group boasts extensive experience in IPCC systems, and this cooperation is very important for both Takraf and Guinea.

Back to Steel News

Related News

Ukrainian iron ore exports drop by over 30% in first four months

  • Raw Materials
  • 20 May 2026 16:08

Anglo American divests Australian steelmaking coal portfolio to Dhilmar

  • Raw Materials
  • 19 May 2026 16:54

Goldman Sachs raises 2026 average nickel price forecast

  • Raw Materials
  • 15 May 2026 16:20

Iron ore rebounds above $113 as costs surge

  • Raw Materials
  • 14 May 2026 15:22

LME nickel prices rebound above $19,000

  • Raw Materials
  • 12 May 2026 16:15

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

Learn more