[Guinea's Simandou Iron Ore Project Negotiations Take a Key Step] Recently, the Guinean government signed a shareholder agreement with the Win Alliance and Rio Tinto on the Simandou iron ore project. This is following the conclusion of the framework agreement by the three parties on March 25, 2022, the signing of the joint venture (CTG for short) articles of association on July 27, Another important document after the signing of the infrastructure term list by the four parties (joined by China Baowu) on December 22 marks a key step in the negotiations between Guinea and its partners. The Simandou Iron Mine is located in Kairouane Province in the southeast of Guinea. It is the undeveloped iron ore with the largest reserves and the highest quality in the world. It has an annual production capacity of 120 million tons of high-quality iron ore in the initial stage. However, the development of the Simandou iron mine requires the construction of more than 600 kilometers of railways across the east and west of Guinea, as well as infrastructure such as ports on the west coast. Editor/Xu Shengpeng

Click to see more live >>

• 2024.10.09 10:18
• [Qiongzhou Strait transportation new energy vehicle ship successfully docked]
• On the afternoon of October 8th, under the on-site escort of the Guangdong Zhanjiang Maritime Bureau's "Haixun 0927" ship, the first flatbed cargo ship dedicated to the transportation of new energy vehicles in the Qiongzhou Strait, the "Green Source No. 1" ship, slowly entered the Xuwen Hai'an New Port, marking the successful trial operation of the ship's roll on/roll off transport route in the Qiongzhou Strait. It is reported that the deck cargo ship "Green Source No.1" has a total tonnage of 6731, a net tonnage of 3769, a length of 125.8 meters, and a width of 28 meters. The ship adopts a single-layer deck design, which can carry more than 160 new energy vehicles on a single voyage under full load conditions. The parking capacity is about 60% higher than that of existing passenger and roll on/roll off transport ships. The ship is planned to be deployed on the route from Hai'an New Port in Zhanjiang to Xiuying Port in Haikou. After being put into operation, it will add a new mode of sea transportation for new energy vehicles in the Qiongzhou Strait and effectively alleviate the tense situation of insufficient capacity for new energy vehicle transportation during the peak period of cross sea vehicle transportation in the Qiongzhou Strait. Editor/Zhou Yingwen

• 2024.10.09 10:15
• [Malaysia's energy transition has made progress]
• On October 9, 2024, Malaysian Deputy Prime Minister Fadhila stated that Malaysia has made progress in improving energy efficiency and that "energy conservation" has become the key to energy transition. Meanwhile, Malaysia will promote the ASEAN power grid as a key topic of discussion at the ASEAN Energy Ministers' Meeting. At the 2024 Asia Power and Energy Exhibition, which opened on the 8th, Fadhila revealed that as of June, Malaysia has saved 8769 gigawatt hours of electricity, worth over 2.2 billion ringgit, and plans to reduce 38 million tons of carbon dioxide emissions by 2025. In addition, the Malaysian government has approved the establishment of an energy exchange aimed at selling green electricity to neighboring countries. As the rotating chair of ASEAN in 2025, Malaysia will promote the construction of the ASEAN power grid to promote the promotion of renewable energy and enhance the resilience and reliability of electricity supply in ASEAN member countries. Editor/Zhou Yingwen