Conakry, Republic of Guinea – SimFer, a joint venture between the Government of the Republic of Guinea, Rio Tinto and Chalco Iron Ore Holdings (CIOH), has announced the awarding of a critical contract for the machinery required to operate the mine. The agreement includes a commitment to significant investment in local communities and employment.
Under the contract, Komatsu Ltd and its regional distributor BIA Group will supply critical Heavy Mobile Equipment (HME), Parts and Maintenance Services for the Simandou project including five large production excavators, four production loaders, and more than 30 ancillary HME vehicles, including dozers, water trucks and small excavators.
Komatsu and BIA Group, through its subsidiary in Guinea, will invest a significant portion of annual spend in environmental, health and community projects. This includes investments in local community advancement programmes aimed at boosting employment prospects for local people, protecting the natural environment, and supporting the health and wellbeing of communities surrounding the mine site. Targeted training programmes will equip local workers with the vocational skills and expertise required for employment with the project, while local companies will also have the opportunity to provide services as subcontracting partners.
Chris Aitchison, Managing Director at Rio Tinto SimFer said:
“Our contract with Komatsu Ltd—a world leader in the manufacture of HME equipment, and BIA Group a well established distributor and service provider in Africa —will be invaluable in ensuring that our teams are equipped with the cutting-edge equipment and services to realise the full potential of the Simandou project.
“As we progress SimFer towards production, supporting local communities through investment, knowledge transfer and direct opportunity will be of critical importance as we consider which partners to select.
“By ensuring investment in meaningful initiatives that will boost the employment of community members and strengthen local economies, this contract plays a pivotal role in delivering on our commitment to promote long-term development in the communities where we work.”
Romain Bia, Chief Executive Officer, BIA Group
“BIA has been active in Guinea for more than 20 years. We are very honoured to be part, together with our partner Komatsu, of the Simandou project. BIA is committing to be an active player of the Government’s strategy to build the future of Guinea by investing further into local content, empowering communities and enhancing skills development. Aligned with this mission, we will ensure the seamless maintenance and optimization of SimFer’s fleet to support efficient operations.”
Tadashi Maeda, CEO and Managing Director Komatsu Europe International:
“Komatsu is honored to play a key role in the Simandou project, providing state-of-the-art equipment and services to support its success. Through our partnership with BIA Group, we are not only ensuring operational excellence but also investing in the future of Guinea’s communities. By fostering local talent, protecting the environment, and contributing to sustainable development, we are committed to creating value together.”
