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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

XCMG secures $110M equipment supply contract for Simandou iron ore project in Guinea · Endata

◂ Announcements

Mining Equipmentworld trade 2024+3.1% 5Y CAGR

Aug 1, 2024CONTRACTSimandou, Guinea, Guinea

XCMG secures $110M equipment supply contract for Simandou iron ore project in Guinea

XCMG was awarded a $110 million contract by Rio Tinto SimFer in August 2024 to supply approximately 400 units of machinery, including electric mining trucks, excavators, cranes, rollers, and graders, for the Simandou iron ore project in Guinea.

Value

$110.0M

Status

Announced

Productselectric mining trucksexcavatorscranesrollersgraders

CompaniesXCMG supplier Rio Tinto SimFer customer

Sectors#Mining Equipment

“XCMG's initial $110 million contract with Rio Tinto SimFer, awarded in August 2024 following a competitive tender process, provided the company with a critical entry point.”guineamininginsights.com

1 source
guineamininginsights.comXCMG's Strategic Entry into Simandou: Positioning for Long-Term Growth in West African Mining | Guinea Mining InsightsAuthor(s) Editorial staffNov 18, 2025

Summarized from public sources; check the original articles before acting on it.

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