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Rio Tinto Simandou payment helping rebuild Guinea infrastructure

Mineweb | October 16, 2011 | 10:12 pm Africa Europe Iron Ore 

A significant amount of Rio Tinto’s $700 million payment to settle its dispute over the huge Simandou iron ore will be used to help mend the country’s dilapidated infrastructure. The government of Guinea will use 35 percent of a $700 million windfall

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