BANKS DODGY DEALS CAMPAIGNS
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate
Banks and Human Rights
Banks and Nature
Our projects
Tracking the NZBA
Banks and Russia
Banks and Steel
Tracking the Equator Principles
Tracking the PRBs
Find a Better Bank
Banks and the OECD Guidelines
Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Get in touch
Successes Contact BankTrack
Donate Mailing list Facebook Twitter Linkedin Login
Home › Dodgy Deals ›
Dodgy Deal
Simandou Iron Ore ProjectGuinea

Project – Active

This profile is actively maintained
Profile by:
BankTrack, Advocates for Community Alternatives (ACA), Center for Transnational Environmental Accountability (CTEA) & Human Rights Watch
Contact:

Giulia Barbos, giulia@banktrack.org

Last update: 2024-07-16 00:00:00
Satellite view of the Simandou mining area. Photo: Google Earth

Project – Active

This profile is actively maintained
Profile by:
BankTrack, Advocates for Community Alternatives (ACA), Center for Transnational Environmental Accountability (CTEA) & Human Rights Watch
Contact:

Giulia Barbos, giulia@banktrack.org

Last update: 2024-07-16 00:00:00
Why this profile?

Why this profile?

Nestled in the forested mountains of Guinea in West Africa, the Simandou iron ore mining project involves the construction of a large open-pit mine, a railway line and a deep-water port. The project risks the displacement of local communities, lost livelihoods, the destruction of critical habitats for endangered species, deforestation, and environmental pollution including greenhouse gas emissions. Communities in every area of the project have already suffered serious impacts to their agricultural and fishing livelihoods, pollution of water sources, and loss of land as a result of unchecked construction activities. Moreover, there are concerns regarding the project's transparency and accountability, as well as the potential for corruption and conflicts of interest.

What must happen

Banks and other financial institutions considering providing direct or indirect finance to this project should ensure its numerous environmental and social impacts and risks are addressed to the satisfaction of local communities. More specifically, communities demand that project developers

  • commit to upholding the highest environmental and human rights standards, including those relating to resettlement and land acquisition;
  • increase transparency by publishing all project agreements and up to date impact assessments;
  • keep communities informed by meaningfully consulting with them on an on-going basis;
  • properly account for impacts on climate change and biodiversity; and
  • develop an independent grievance mechanism to address community complaints.

Project-affected peoples’ recommendations are set out in more detail by Action Mines in their report on the project here (see page 32, in French).

About
Sectors Iron ore mining, Mining
Location
Status
Planning
Design
Agreement
Construction
Operation
Closure
Decommission
Website https://www.riotinto.com/en/operations/projects/simandou

The Simandou project, located in the Simandou mountain range area in southeastern Guinea, is one of the largest untapped high-grade iron ore deposits in the world. Simandou’s iron has been coveted by the largest international mining companies for decades, but complicated operational logistics, combined with extreme political instability, corruption allegations, and legal disputes, have made this a challenging feat to achieve.

The northern half of the mining area, Block 1 and 2, is owned by Winning Consortium Simandou (WCS), led by Singapore-based Winning International Group.

The southern part of the mining area project – Block 3 and 4 – is owned by Simfer, led by Anglo-Australian mining company Rio Tinto, which acquired rights to Simandou in 1997. 

In August 2022, WCS and Rio Tinto Simfer agreed to start the construction of a 650 km railway, a deep-water port, and other infrastructure needed to support mining operations, with a view to start production by 2025.

Impacts

Impact on human rights and communities

Land acquisition and displacement The construction of the railway and mine sites will likely force hundreds of people to leave their lands and homes. This has already been the case for local communities who have been evicted to make space for Winning Consortium Simandou (WCS)'s living quarters in Block 1 and 2. These communities, especially women, were not properly consulted. In addition, the railway, which is currently being constructed for the Simandou project, passes through a territory that is home to at least 450 communities. ​​Several community members have already been impacted by the railway infrastructure, and have expressed concerns about the obstacles they face in negotiating equitable compensation, with many reporting under-compensation or outright theft of their homes and agricultural lands. 

12732
community_threat_2.png
center
This map shows communities within a 5 km buffer zone along the cleared Simandou railroad (546 km of 650 km cleared to date) and in close proximity to the Simandou mining blocks.
Photo: EarthInsight

Impacts on livelihoods WCS' own environmental and social impact assessment (ESIA) (1) warns that deforestation and land loss associated with the construction of the mine’s infrastructure risk impacting activities that communities rely on for food security, such as farming, hunting, and fishing, and access to water sources. Coastal communities living nearby the port that is also currently being developed for the Simandou project complain of the complete devastation of their livelihoods, as port construction and vehicle traffic have driven away fish populations and blocked them from access to productive fishing grounds. Communities living in Blocks 1 and 2 of the project have also been heavily impacted, as noise pollution produced by company machinery has driven away usual wildlife species, creating scarce hunting conditions. These communities have also reported a decrease in agricultural yields due to laterite soil and mud from the Simandou project being dumped nearby and invading cultivation areas.

Impacts on civic space Guinea's civic space, including threats to freedom of association and expression, is classified as “repressed” in the CIVICUS 2022 assessment. Rights-holders at the local and national levels may risk reprisals when seeking to denounce violations of their rights. 

Impacts on cultural rights The pathway of the railway, as identified by WCS, has the potential to impact over 100 cultural sites, including areas and structures of spiritual value like sacred sites, graves, and cemeteries. Many of these have yet to be assessed for significance, and it remains unclear how many will be destroyed or relocated. WCS's ESIA for its mining blocks fails to meaningfully assess or plan for preservation of cultural sites at all.

(1) Winning Consortium Simandou, Projet ferroviaire de Simandou: Études d'impact environnemental et social, Vol. 1, pp. 50-60 & 64-67, Nov. 2021.

Impact on climate

Carbon emissions The Simandou iron ore mine has the potential to generate significant carbon emissions, including during land and forest clearing, drilling, blasting, hauling, and processing. WCS’s own environmental and social impact assessment (ESIA) estimated that Blocks 1 and 2 alone have the potential to produce up to 19 million tonnes of carbon emissions over the 22-year anticipated lifetime of the mine, which is equal to about 41% of Guinea’s total emissions in 2020 and equivalent to burning 10 million tonnes of coal. An independent expert evaluated the company’s ESIA, and concluded that this is “likely a gross underestimate”, because of a failure to  include emissions resulting from deforestation. On top of this, the land clearing alone - also as estimated by WCS - could release up to 271,300 tonnes of carbon dioxide, which, according to an analysis by Human Rights Watch, is equivalent to burning about 136,000 tonnes of coal.

Not only will the project lead to significant deforestation, but according to WCS’s ESIA, the energy needed to power the mining operations will be generated with a Heavy Fuel Oil (HFO) power plant, a major source of carbon emissions and other toxic byproducts.

Additionally, the railway that will connect the Simandou mine with the coastal port will utilize diesel-fueled locomotives, which emit high levels of nitrogen dioxide. Nitrogen dioxide is 240 times more destructive to the ozone layer than carbon dioxide, posing a significant risk to air pollution, health issues and environmental damage. 


Impact on nature and environment

Impacts on biodiversity and wildlife Guinea has been facing rapid rates of deforestation, with the Nzérékoré region – where the Simandou project is located – having experienced the highest rate of deforestation in the country between 2001 and 2021. The clearance of large areas of forest for mining can lead to habitat loss and fragmentation, disrupting ecosystems and affecting biodiversity. The Simandou region is home to a diverse range of wildlife, including endangered and endemic species. The loss of habitat can lead to a decline in these populations, which can have long-term ecological consequences.  Winning Consortium Simandou (WCS)’s activities have already put nature into great danger, as the company has already cleared approximately 85% of land necessary for the construction of the railway, according to an analysis by Earth InSight. The railway’s route cuts through extensive tracts of primary rainforest known to be the natural habitat of the critically endangered Western Chimpanzee and African Forest Elephant and the endangered Western Red Colobus monkey.

There are clear indications that the impacts of the railroad construction extends well beyond what was presented in the ESIA. A 2022 review of WCS’s environmental and social impact assessment revealed that the company failed to assess its mining blocks for these well-known endangered species, and that its plans to mitigate impacts on biodiversity were grossly inadequate. 

12731
chimpanzee_threat_1.png
center
This map aims to illustrate the large scale threats to Chimpanzees in Guinea posed by the development of the Simandou mining complex and the associated railroad development. The map shows the modeled density of Chimpanzees according to Heinicke et al., 2019. Heinicke et al. (2019) caution that “Modeled estimates are associated with uncertainties due to the possibility of missing predictors, and differences in spatial scale of different predictor datasets. Uncertainties are more pronounced for areas with fewer data and those that differ strongly from surveyed areas regarding predictor space coverage.” Bright red areas on the map have high likelihoods of Chimpanzees, though due to the methods used, may not be a perfect indicator. Due to lack of systematic studies of their distribution, it is thought that there may be an under-representation on the Guinean side of the border, especially surrounding the proposed Pinselli, Soyah and Sabouyah national park. The railroad development in the PPS area (see next map) is of particular concern.
Photo: EarthInsight

Impacts on protected nature areas The railway traverses several protected areas, including the Haut Niger National Park, which was created to protect one of the last remnants of dry forest in Guinea, and the Outumba-Kilimi-Kuru Hills-Pinselli-Soya Transboundary Priority Landscape, which includes primary forest, buffer zones, and corridors essential for the survival of endangered species such as the forest elephant, pygmy hippopotamus, and the Western African chimpanzee. The railway will run just adjacent to other protected areas, such as the Outumba-Kilimi National Park in Sierra Leone and Kounounkan Classified Forest, likely opening these previously isolated areas up to inward migration and exploitation for bushmeat and forest clearance.  

12733
conservation_threat_1.png
center
This map shows the potential threat to protected areas based on proximity to the railroad and mining areas. Protected areas were derived from the WDPA database and includes all IUCN classes. Red areas indicate protected areas at risk of impacts of the railroad development and mining activities, while the lighter red/pink indicates provisional limits of the Pinselli, Soyah and Sabouyah (PPS) combined protected area. Background layers represent important conservation values such as other protected areas (light green), Key Biodiversity Areas (darker green) and biodiversity hotspots (purple).
Photo: EarthInsight

 

12734
road_incursions.png
center
This satellite map shows the outline of the proposed Pinselli, Soyah and Sabouyah national park on the border with Sierra Leone, which is thought to be an important landscape for the conservation of primates (Chimpanzees and other species), African Forest Elephants, White-Backed Vultures, and other species (WCF, 2023, Rainforest Trust, 2023). The black line indicates the pathway of the Simandou railroad which was cleared between approximately early 2021 and April 2023 (derived from NICFI data, Planet.com). Orange segments indicate tunnels, which are currently under construction and require extensive blasting efforts. Yellow lines indicate the access roads that were created through the landscape, which extend well beyond the limits outlined in the Project Environmental Impact Assessment.
Photo: EarthInsight

Impacts on water sources The railway currently being developed cuts across several important waterways, and communities have already reported that critical water streams have been polluted due to construction activity.   Reported cases  include the pollution of watercourses by pipeline water at the Sekoussoriyah tunnel (Kindia region), pollution of the Balin stream at Oure Kaba (Mamou region), pollution of springs (Warada and Namba) by drilling work at Damaro (Kérouané region), and drainage of mud and sand into the Karako-Konsankoro stream bed (Kérouané region). Additionally, the Simandou mining project will release heavy metals, posing a threat to the health of nearby communities and endangering aquatic ecosystems. According to the project's environmental and social impact assessment (ESIA), there is a high probability that toxic effluents will be produced near the region's major rivers, notably the Dion, Milo and Diani. Pollution of water sources – as explained by a 2022 assessment of the WCS’s ESIAenvironmental and social impact assessment – could have devastating impacts, as the mining blocks cover over 100 km of mountains whose streams feed directly into the water of the Niger River, Africa’s third longest river and a critical water source across four West African countries. Therefore, a comprehensive analysis of the project’s impacts on water is necessary before it goes ahead.


Impact on pandemics

Emergence of new infectious diseases Several studies suggest that large-scale industrial development projects, such as mining, can increase the risk of zoonotic disease transmission, which can lead to pandemics. A recent report by the United Nations Environment Programme (UNEP) emphasises the importance of protecting biodiversity and natural ecosystems in preventing future pandemics. The report notes that the destruction of natural habitats, including deforestation, which often takes place in mining operations and is a risk associated with the Simandou project, can increase the likelihood of zoonotic disease transmission. Furthermore, the railway associated with the Simandou project cuts across an area that was the epicentre of the West Africa Ebola outbreak, which killed over 11,000 people between 2013-2016. This shows the concrete risks of pandemics and other widespread disease outbreaks in this area in Guinea.


Other impacts

Links to impacts at Boké bauxite mine WCS was set up by the same founders as the SMB Winning Consortium, a mining group that exploits the Boké bauxite mine in northwestern Guinea. This consortium has a disastrous track record of unremediated human rights impacts and disrespect of community land and environmental rights, as documented extensively in a 2018 Human Rights Watch report and a 2023 Natural Justice community audit. The pattern of negligence with respect to air quality, uncompensated or undercompensated taking of lands, and pollution of water sources already observed along the Simandou railway route - along with the lack of transparency and hesitation to engage substantively with affected communities - is strikingly similar to the criticisms of SMB’s record at Boké.

Financiers

The total costs of the Simandou project are reported at US$ 15 billion. Finance for the project is not yet agreed.

The two main project sponsors are Singapore-based Winning International Group, the majority shareholder of the Winning Consortium Simandou (WCS), developing Blocks 1 & 2 in the north; and Anglo-Australian mining company Rio Tinto, which is leading the Simfer consortium, developing Blocks 3 & 4 in the south. Rio Tinto’s Simfer is expected to invest $6.2 billion in developing Simandou.

Commercial banks finance Rio Tinto via loans, bonds, and shareholdings. See more information on our Rio Tinto Dodgy Deal Profile here.

Commercial banks have also financed Winning International Group, a privately held company, via loans. DZ Bank, BNP Paribas, Credit Suisse, and Standard Chartered all provided loans to Winning International Group in the years between 2018 and 2022 (Profundo finance research, June 2023).

In addition, Baowu Group, which is part owner of Simfer and appears set to buy an important stake in WCS’s operations as well, leads a consortium of Chinese steel manufacturers and other investors that is expected to implement project financing.

Institution type
Finance type
Year
Companies

Block 1 and 2 of the Simandou project are owned by the Winning Consortium Simandou (WCS), which is owned by Singapore-based Winning International Group (45%), China's Hongqiao Group (35%) and Guinea's United Mining Suppliers (15%).

Blocks 3 and 4 are owned by Simfer, which is jointly owned by Australian mining company Rio Tinto (53%) and Chinese Chalco (47%).  Chalco is in turn owned by a consortium of Chinese state-owned enterprises, most notably Chinalco and Baowu, the world’s largest aluminum and steel companies respectively.

 

Project sponsors

Rio Tinto

Australia
Profile
Website

Winning International Group

Singapore
Website
No companies

Other companies

China Baowu Group

China
Website
No companies
Governance
Norms & standards

Applicable norms and standards

Equator Principles
IFC Performance Standard 1: Assessment and Management of Environmental and Social Risks and Impacts
IFC Performance Standard 2: Labor and Working Conditions
IFC Performance Standard 3: Resource Efficiency and Pollution Prevention
IFC Performance Standard 5: Land Acquisition and Involuntary Resettlement
IFC Performance Standard 7: Indigenous Peoples
International Council on Mining and Minerals (ICMM)- 10 Principles
OECD Guidelines for Multinational Enterprises
Transparency International- Business Principles for Countering Bribery
UN Guiding Principles on Business and Human Rights
Universal Declaration of Human Rights
Voluntary Principles on Security and Human Rights
Maps

Simandou Project: conservation view

Source: EarthInsight. See additional maps from EarthInsight's rapid assessment of threats to Conservation, Biodiversity and Communities in the Impacts section above.

 

News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Accidents at giant Simandou iron ore project kill more than a dozen workers, prompting inquiry

2025-03-12 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto Gets Simandou Approvals; Second-Quarter Iron-Ore Shipments Rise — Update

2024-07-16 | Morningstar
BankTrack news BankTrack blog Partner news Partner blog

Guinea’s Simandou iron ore project secures $15 billion financing

2024-04-10 | Mining.com
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto plots ‘nature targets’ to curb impact of huge mine in Africa

2024-04-05 | WAToday
BankTrack news BankTrack blog Partner news Partner blog

As Rio Tinto strives for 'impeccable ESG', investors raise water issues

2024-04-04 | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

Financiers warned of huge risks to communities and biodiversity as Rio Tinto approves world’s biggest mining project

2024-02-26 | Accra, Ghana and Nijmegen, Netherlands | BankTrack, Advocates for Community Alternatives (ACA)
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto approves world’s biggest mining project in west Africa

2024-02-22
BankTrack news BankTrack blog Partner news Partner blog

Guinea approves joint development deal for Simandou iron ore project

2024-02-04 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

China Baowu raises $1.4 bln via bond, mostly for Simandou iron ore project

2024-01-31 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

A rush for ‘green’ iron is on in Guinea. Will chimpanzees be a casualty?

2024-01-17 | Mongabay
BankTrack news BankTrack blog Partner news Partner blog

What the biggest mining project in the world means for the environment

2024-01-12 | Envirotech Online
BankTrack news BankTrack blog Partner news Partner blog

World’s biggest mining project to start after 27 years of setbacks and scandals

2024-01-07 | Financial Times
BankTrack news BankTrack blog Partner news Partner blog

Simandou iron ore project update

2023-12-06 | Rio Tinto
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto brings forward Simandou iron ore production to 2025

2023-12-05 | Mining.com
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto in $157m first shout for Simandou

2023-10-06 | Financial Review
BankTrack news BankTrack blog Partner news Partner blog

Rio pins recovery hopes on mega Simandou iron ore project amid share price blows

2023-10-05 | City AM
BankTrack news BankTrack blog Partner news Partner blog

Rio Tinto shoulders Simandou iron ore bill as Chinese funds delayed - sources

2023-09-18 | London, UK | Reuters
BankTrack news BankTrack blog Partner news Partner blog

How Rio Tinto’s Simandou mine is now a valuable iron ore asset

2023-08-02 | The Australian
BankTrack news BankTrack blog Partner news Partner blog

Simandou iron ore project to restart in March, Guinea says

2023-02-01 | Mining.com
BankTrack news BankTrack blog Partner news Partner blog

Guinea: Ensure Respect for Rights in Massive Iron Ore Project

2022-12-07 | Human Rights Watch
BankTrack news BankTrack blog Partner news Partner blog

Guinea reaches deal with miners to resume Simandou iron ore development

2022-03-27 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Timeline: The battle for Simandou

2021-01-22 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

“What Do We Get Out of It?” The Human Rights Impact of Bauxite Mining in Guinea

2018-10-04 | Human Rights Watch
BankTrack news BankTrack blog Partner news Partner blog

Simandou Iron Ore Project

2014-06-10
Resources
Documents
Images
Videos
Links
2023-11-21 00:00:00

Letter from BankTrack, ACA, CTEA to DZ Bank on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-21 00:00:00 | BankTrack, ACA, CTEA
2023-11-21 00:00:00

Letter from BankTrack, ACA, CTEA to Standard Chartered on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-21 00:00:00 | BankTrack, ACA, CTEA
2023-11-21 00:00:00

Letter from BankTrack, ACA, CTEA to BNP Paribas on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-21 00:00:00 | BankTrack, ACA, CTEA
2023-11-23 00:00:00

Letter from BankTrack, ACA, CTEA to Crédit Agricole on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-23 00:00:00 | BankTrack, ACA, CTEA
2023-11-23 00:00:00

Letter from BankTrack, ACA, CTEA to Mizuho Financial Group on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-23 00:00:00 | BankTrack, ACA, CTEA
2023-11-20 00:00:00

Letter from BankTrack, ACA, CTEA to UniCredit on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-20 00:00:00 | BankTrack, ACA, CTEA
2023-11-20 00:00:00

Letter from BankTrack, ACA, CTEA to Toronto-Dominion Bank on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-20 00:00:00 | BankTrack, ACA, CTEA
2023-11-20 00:00:00

Letter from BankTrack, ACA, CTEA to Sumitomo Mitsui Financial Group on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-20 00:00:00 | BankTrack, ACA, CTEA
2023-11-21 00:00:00

Letter from BankTrack, ACA, CTEA to Scotiabank on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-21 00:00:00 | BankTrack, ACA, CTEA
2023-11-20 00:00:00

Letter from BankTrack, ACA, CTEA to Banco Santander on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-20 00:00:00 | BankTrack, ACA, CTEA
2023-11-23 00:00:00

Letter from BankTrack, ACA, CTEA to Royal Bank of Canada on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-23 00:00:00 | BankTrack, ACA, CTEA
2023-11-22 00:00:00

Letter from BankTrack, ACA, CTEA to National Australia Bank on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-22 00:00:00 | BankTrack, ACA, CTEA
2023-11-22 00:00:00

Letter from BankTrack, ACA, CTEA to Mitsubishi UFJ Financial Group on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-22 00:00:00 | BankTrack, ACA, CTEA
2023-11-22 00:00:00

Letter from BankTrack, ACA, CTEA to Morgan Stanley on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-22 00:00:00 | BankTrack, ACA, CTEA
2023-11-22 00:00:00

Letter from BankTrack, ACA, CTEA to JPMorgan Chase on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-22 00:00:00 | BankTrack, ACA, CTEA
2023-11-22 00:00:00

Letter from BankTrack, ACA, CTEA to Intesa Sanpaolo on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-22 00:00:00 | BankTrack, ACA, CTEA
2023-11-21 00:00:00

Letter from BankTrack, ACA, CTEA to ING on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-21 00:00:00 | BankTrack, ACA, CTEA
2023-11-21 00:00:00

Letter from BankTrack, ACA, CTEA to Deutsche Bank on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-21 00:00:00 | BankTrack, ACA, CTEA
2023-11-20 00:00:00

Letter from BankTrack, ACA, CTEA to Citi on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-20 00:00:00 | BankTrack, ACA, CTEA
2023-11-21 00:00:00

Letter from BankTrack, ACA, CTEA to Canadian Imperial Bank of Commerce on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-21 00:00:00 | BankTrack, ACA, CTEA
2023-11-20 00:00:00

Letter from BankTrack, ACA, CTEA to Bank of Montreal on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-20 00:00:00 | BankTrack, ACA, CTEA
2023-11-20 00:00:00

Letter from BankTrack, ACA, CTEA to Bank of America on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-20 00:00:00 | BankTrack, ACA, CTEA
2023-11-23 00:00:00

Letter from BankTrack, ACA, CTEA to Société Générale on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-23 00:00:00 | BankTrack, ACA, CTEA
2023-11-22 00:00:00

Letter from BankTrack, ACA, CTEA to ANZ on the risks of investing in Rio Tinto and Winning International Group’s Simandou Project in Guinea

Correspondence
2023-11-22 00:00:00 | BankTrack, ACA, CTEA
2023-09-01 00:00:00

Simandou Project: Risks and Impacts on Biodiversity

NGO document
2023-09-01 00:00:00 | Advocates for Community Alternatives
2023-09-01 00:00:00

Simandou Project: Risks and Impacts on the Livelihoods of Local Communities

NGO document
2023-09-01 00:00:00 | Advocates for Community Alternatives
2023-11-22 00:00:00

Letter from BankTrack to ANZ on the risks of investing in Simandou

Correspondence
2023-11-22 00:00:00 | BankTrack
2023-05-05 00:00:00

Failures in Implementing the Environmental and Social Management Plan in Blocks 1 & 2 of the Simandou Project

NGO document
2023-05-05 00:00:00 | Action Mines Guinée
2023-09-01 00:00:00

Simandou Project: Risks and Impacts on Water Resources

NGO document
2023-09-01 00:00:00 | Advocates for Community Alternatives
2023-09-01 00:00:00

Simandou Project: Risks and Impact on Climate Change

NGO document
2023-09-01 00:00:00 | Advocates for Community Alternatives
2023-07-26 00:00:00

Winning Consortium Simandou Land Acquisition and Resettlement Framework

Company document
2023-07-26 00:00:00 | Winning Consortium Simandou
2023-07-26 00:00:00

Winning Consortium Simandou Grievance Mechanism

Company document
2023-07-26 00:00:00 | Winning Consortium Simandou
2022-09-23 00:00:00

Letter from WCS and Simfer to Human Rights Watch on Simandou OpEd

Correspondence
2022-09-23 00:00:00 | WCS and Simfer
2022-10-03 00:00:00

Evaluation of the Climate Impact Assessment ESIA for the Simandou Blocks 1 & 2 Mining Project

NGO document
2022-10-03 00:00:00 | Environmental Law Alliance Worldwide
2022-12-02 00:00:00

A Technical Review of the Simandou Railway EIES through the lens of International Best Practices for Biodiversity Assessment and Mitigation

NGO document
2022-12-02 00:00:00 | Environmental Law Alliance Worldwide
2019-02-20 00:00:00

Complaint concerning IFC loan to the “Compagnie des Bauxites de Guinée” (CBG)

NGO document
2019-02-20 00:00:00 | Inclusive Development International
2020-11-12 00:00:00

Winning Consortium Simandou SAU, Port Infrastructure Agreement, 2020

Company document
2020-11-12 00:00:00 | Resources contracts
2020-11-11 00:00:00

Winning Consortium Simandou SAU, Railway Infrastructure Agreement, 2020

Company document
2020-11-11 00:00:00 | Resource contracts
2020-06-09 00:00:00

Winning Consortium Simandou SAU, Exploitation License, 2020

Company document
2020-06-09 00:00:00 | Resource contracts
2014-05-22 00:00:00

Simandou 3&4, SIMFER, Rio Tinto, Concession, 2014

Company document
2014-05-22 00:00:00 | Resource contracts

COP15 - Conservation of biodiversity in the context of climate change

2023-06-19 14:27:12

SIMANDOU ENTRE ESPOIR ET DECEPTION

2023-06-19 14:26:03

Simandou Aware

This temporary webpage provides access to accurate and up-to-date tools on the Simandou project.

Send feedback on this profile
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate Banks and Human Rights Banks and Nature
Our projects
Tracking the NZBA Banks and Russia Banks and Steel Tracking the Equator Principles Tracking the PRBs Find a Better Bank Banks and the OECD Guidelines
Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles Our history BankTrack in the media Team up with us Our privacy policy Donate Get in touch
Successes Contact BankTrack
Nijmegen
The Netherlands
Contact us
Donate Mailing list Facebook Twitter Linkedin
© BankTrack
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted