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Guinea’s Simandou to become largest driver of seaborne iron ore supply growth, Wood Mackenzie says
The emergence of Guinea's Simandou as a large-scale, high-grade iron ore supplier signifies a significant change in the global seaborne iron ore market. According to Wood Mackenzie, this project is set to be the primary catalyst for long-term supply growth. Wood Mackenzie expects Simandou to export around 16 million tonnes in 2026, with volumes rising progressively thereafter. However, ramp-up is likely to be uneven, with infrastructure bottlenecks and logistical complexities driving a phased and non-linear increase in output. After more than two decades of delays, the project has entered execution following ... (full story)
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- Apr 1, 2026 5:45pm Posted byFundamental Analysis196
