Mining halted at Baowu-led Simandou site over pay dispute, sources say - Reuters

<a href="https://news.google.com/rss/articles/CBMiwwFBVV95cUxNRGNwTi1FQldYcjMzUlhSRVhSa2JvUm9md2Y1ZGxNNTFCd043bGg1emdwNEJYNnROVi1SN3VMakdMWXNRMGtpVDdyWmJCMGlXRDVBSjFwVWpLRXMzV3ZMYnNLNHQ2bXJTY0pPbFk1RDBXWEFTbnljbVZiQTJMQkxvZGFmcnFHZ2FKT0lzaHRZRGN2YkRiemdlRTRFbloxNFNTdXBGX2VvU3BETzI3V2J4VXZ6d2NiYXAxMS1OV3RVWFVrSWc?oc=5" target="_blank">Mining halted at Baowu-led Simandou site over pay dispute, sources say</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Workers have halted mining activities at Guinea's Simandou iron ore project, operated by a consortium led by China's Baowu Resources, due to a pay dispute. Operations like blasting, loading, hauling, and dumping have ceased, though rail and port activities continue. Approximately 3,000 workers are involved in the strike, which is the first at the Baowu joint venture. The dispute centers on the implementation of Guinea's new unified mining pay structure introduced in 2025. Workers claim the company has not applied the new salary grid, leading to disparities compared to their counterparts at Simfer, a joint venture between Chinalco, Rio Tinto, and the Guinean state. A Baowu source confirmed the strike but stated that the company is in compliance with the government-mandated pay structure. Negotiations are ongoing to resolve the issue. Simandou, home to the world's richest untapped iron ore deposits, began exports in November after decades of delays and is expected to produce 120 million metric tons of iron ore annually at its peak.

Mining activities at the Baowu-led Simandou joint venture in Guinea have been halted due to a strike over a pay dispute. Four sources confirmed the suspension of operations, though specific details about the dispute were not provided in the available information.