# XCMG signs $110M mining equipment contract with Rio Tinto for Simandou

XCMG Machinery has signed a contract valued over US$110 million with Rio Tinto SimFer to supply mining trucks, graders, and other equipment for the Simandou iron ore project in Guinea.

- Type: Contract
- Announced: 2024-08-21
- Where: Conakry, Guinea, Guinea
- Value: $110.0M
- Status: announced
- Products: mining trucks, mining graders, ancillary equipment, loaders, excavators
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Rio Tinto](https://endata.com/companies/4215.md) (customer)
- [XCMG Machinery](https://endata.com/companies/58761.md) (supplier)
- [Rio Tinto SimFer](https://endata.com/companies/79314.md) (customer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/xcmg-and-rio-tinto-forge-new-partnership-for-world-class-simandou-iron-ore-project-302227445.html), 2024-08-21: "This marks a new beginning of high-level friendly cooperation between XCMG and Rio Tinto and further demonstrates our leading technology and innovation capabilities in the field of heavy mining equipment."

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