Rio Tinto And XCMG Team Up In $110M Equipment Deal For Guinea's Iron Treasure: Details
Rio Tinto And XCMG Team Up In $110M Equipment Deal For Guinea's Iron Treasure: Details
Rio Tinto Group (NYSE:RIO) shares are trading higher today. The company inked a global cooperation agreement with construction equipment manufacturer XCMG Machinery for over $110 million.
力拓集团（NYSE:RIO）股价今天飙升。该公司与建筑设备制造商中联重科机械达成了超过11000万美元的全球合作协议。
The deal includes the supply of essential mining equipment for the Simandou iron ore project in Guinea, a notable untapped high-grade iron ore reserve.
该交易包括为几内亚Simandou铁矿项目提供基本的采矿设备，该项目是一个值得关注的未开发的高品位铁矿石储备。
Located in southeastern Guinea, Simandou holds some of the highest-grade iron ore globally, making it crucial in international mineral markets.
Simandou位于几内亚东南部，拥有一些全球最高品位的铁矿石，对国际矿产市场至关重要。
The contract covers over 34 units of 230-ton mining trucks, large mining graders with 350 and 550 horsepower, ancillary equipment, and large production loaders and excavators.
合同涵盖了超过34台230吨采矿卡车，350和550马力的大型采矿平地机，附属设备以及大型生产装载机和挖掘机。
Liu Jiansen, Vice President of XCMG Machinery, said, "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."
中联重科机械副总裁刘建森表示：“这标志着中联重科机械与力拓在重型采矿设备领域高水平友好合作的开端，并进一步展示了我们在技术和创新能力上的领先地位。”
Aboubacar Koulibaly, Head of Rio Tinto Guinée, stated, "The Simandou project can be a key driver of growth in Guinea – catalyzing a new wave of investment, building the country's entrepreneurial fabric and supporting development across the country."
力拓几内亚总裁Aboubacar Koulibaly表示：“Simandou项目可以成为几内亚增长的关键驱动力，催生新一轮投资，促进国家的创业环境并支持全国的发展。”
In July, Rio Tinto reported a 2% Y/Y decrease in iron ore production to 79.5 million tonnes (67.5 million tonnes for Rio Tinto) due to a mid-May train collision. Rio Tinto reiterated its full year outlook for production at Pilbara Iron ore of 323 to 338 million tonnes.
今年7月，力拓报告称，由于5月中旬发生火车碰撞事故，其铁矿石产量同比下降2%至7950万吨（力拓为6750万吨）。力拓重申其Pilbara铁矿石全年产量预期为323至33800万吨。
Investors can gain exposure to the stock via VanEck Steel ETF (NYSE:SLX) and NEOS ETF Trust Mast Global Battery Recycling & Production ETF (NYSE:EV).
投资者可通过钢铁指数etf-vaneck(NYSE:SLX)和NEOS ETF Trust Mast Global Battery Recycling & Production ETF (NYSE:EV)获得此股票的投资机会。
Price Action: RIO shares are up 1.97% at $63.22 at the last check Wednesday.
价格走势：在上周三最后一次检查时，力拓股票上涨了1.97％，至63.22美元。
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