# 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.

- Type: Contract
- Announced: 2024-08-01
- Where: Simandou, Guinea, Guinea
- Value: $110.0M
- Status: announced
- Products: electric mining trucks, excavators, cranes, rollers, graders
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [XCMG](https://endata.com/companies/15137.md) (supplier)
- [Rio Tinto SimFer](https://endata.com/companies/79314.md) (customer)

## Sources

- [guineamininginsights.com](https://www.guineamininginsights.com/news-insights-41), 2025-11-18: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.