Could WA's golden goose be under threat from a giant iron ore deposit in Guinea?

Could WA's golden goose be under threat from a giant iron ore deposit in Guinea?

Iron ore is the lifeblood of Western Australia's economy, but the industry has a new competitor in the form of the Simandou mine in Guinea, holding one of the largest untapped high-grade deposits in the world.

Experts confident Simandou not a threat to WA iron ore - Mining Magazine Australia

Image: Cars and Travels/shutterstock.com Industry experts have dismissed concerns Rio Tinto’s new Simandou iron ore mine in Africa will impact Western Australia’s thriving industry. Nestled in a mountain range south east of Guinea, the Simandou iron ore mine has been touted to be the largest deposit of iron ore in the world. Current ore reserve estimates project around 1.5 billion tonnes of high-grade iron ore contained in a 100km surface area. …