# XCMG signs $112M deal to supply mining equipment for Rio Tinto's Simandou project

XCMG signed a global cooperation framework agreement with Rio Tinto and a project task order with Simfer (joint venture of Rio Tinto and Chinalco) to supply成套 core mining equipment, including dozens of 230-ton mining trucks and large graders, for the Simandou iron ore project in Guinea. The contract value is nearly 800 million yuan (approx. $112 million).

- Type: Contract
- Announced: 2024-08-14
- Where: Simandou, Guinea, Guinea
- Value: $112.0M (800.0M CNY)
- Status: announced
- Products: 230-ton mining trucks, 350 hp graders, 550 hp graders
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Rio Tinto](https://endata.com/companies/4215.md) (customer)
- [XCMG](https://endata.com/companies/15137.md) (supplier)
- [SimFer](https://endata.com/companies/15138.md) (customer)

## Sources

- [xcmg.com](https://www.xcmg.com/aboutus/news-detail-1128180.htm), 2024-08-14: "徐工成功中标几内亚西芒杜矿山项目，将提供成套核心矿山开采设备，其中包括数十台 230吨矿用卡车、350马力及550马力大型矿用平地机，合同总金额近8亿元。"

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