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

XCMG signed a framework agreement with Rio Tinto and a technical specification with SimFer for the Simandou iron ore project in Guinea. XCMG will supply mining equipment including dump trucks and graders, with a contract value of about 800 million yuan ($110 million).

- Type: Contract
- Announced: 2024-08-27
- Where: Simandou, Guinea, Guinea
- Value: $110.0M (800.0M CNY)
- Status: announced
- Products: mining dump trucks, 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

- [minprom.ua](https://minprom.ua/news/315833.html), 2024-08-27: "XCMG наддасть повний набір основного гірничошахтного обладнання, включаючи десятки 230-тонних кар’єрних самоскидів XDE240 з дизель-електричним приводом, а також великі кар’єрні грейдери потужністю 350 і 550 кінських сил."

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