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XCMG Group signed a global cooperation framework agreement with Rio Tinto to supply core mining equipment, including 230-ton mining trucks and large graders, for the Simandou iron ore project in Guinea. The contract is valued at approximately $110 million.
“This represents a major advancement in the development of the biggest undeveloped iron ore deposit in the world.”plantandequipment.news
Summarized from public sources; check the original articles before acting on it.