Simandou Offsets Iron Ore Supply Cuts Elsewhere, Macquarie Says

Guinea's Simandou iron ore project has increased production as other suppliers reduced output due to lower prices, elevated freight rates, and higher diesel costs, according to Macquarie Group. The project is one of the world's largest untapped iron ore reserves. Macquarie did not specify which producers cut supply or provide production volume figures.

• Bloomberg — Simandou Offsets Iron Ore Supply Cuts Elsewhere, Macquarie Says

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