Rio Tinto eyes Simandou blocks

The iron ore giant would be interested in blocks 1 and 2 of Guinea's giant iron ore deposit if they were for sale, says chief executive Sam Walsh.

Mining titan Rio Tinto PLC would be interested in blocks one and two of Guinea's giant Simandou iron ore deposit if they came up for sale, the company's chief executive said.

"We know that there is iron ore there and clearly that could be attractive to us depending on how it was offered to us," Sam Walsh told reporters at a media briefing.


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