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World Bank wants out of Simandou

World Bank wants out of Simandou World Bank wants out of Simandou World Bank wants out of Simandou World Bank wants out of Simandou World Bank wants out of Simandou

Ore-ful run of luck: one of the biggest untapped iron reserves, but still no development in sight

The World Bank’s International Finance Corporation is leaving the project, according to reports, having exercised a right to ask Rio Tinto (LN:RIO) and partner Chinalco to buy out its 4.

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