On August 12th local time, XCMG Group and Rio Tinto Group, the world's largest iron ore producer, jointly signed a global cooperation framework agreement in Conakry, the capital of Guinea. At the same time, XCMG and Rio Tinto Simfer signed a work task book for the Guinea mining project on site, working together to assist in the mining of the Simandou project, the world's largest undeveloped iron ore mine.
Rio Tinto Group is a leading global mining company. In 2014, XCMG and Rio Tinto formed a historic partnership due to XCMG's hydraulic cylinder products. The hydraulic cylinder of the 400 ton excavator provided by XCMG has operated continuously for over 20000 hours in the Australian mining area, breaking the record for the fault free operation time of core components made in China. Afterwards, XCMG and Rio Tinto jointly developed the GR2605 grader and XC9 series high-end loader; In 2021, XCMG mining grader GR5505 was successfully delivered to Rio Tinto, and these equipment played an important role in the production and operation of the mine.

Wang Feng, General Manager of XCMG International Headquarters West Africa Region, and Chris Aitchison, General Manager of Rio Tinto Simfer Project, signed a project work task book
XCMG has successfully won the bid for the Simandou Mining Project in Guinea, providing a complete set of core mining equipment, including dozens of 230 ton mining trucks, 350 horsepower and 550 horsepower large mining graders, with a total contract amount of nearly 800 million yuan.

In 2021, Rio Tinto's customized version of the global super large mining grader GR5505 was launched in Australia
Over the years, XCMG and Rio Tinto have formed a deep friendship through joint cooperation. We are honored to provide high-quality large-scale complete sets of mining equipment for Rio Tinto's Simandou project and thank Rio Tinto for their trust. This will become a new starting point for XCMG and Rio Tinto's high-level friendly cooperation, and will further demonstrate XCMG's leading technology and innovation capabilities in the field of mining heavy equipment, "said Liu Jiansen, Vice President of XCMG Machinery. We are delighted to have won this heavy 'Olympic gold medal' for China's large-scale complete mining equipment industry. XCMG not only provides world-class products, but is also committed to supporting local community development, enriching training programs, increasing local employment opportunities, and contributing XCMG's strength to the world-renowned Simandou project and surrounding community development, "said Chris Aitchison, General Manager of SimFer Project." We are pleased to cooperate with the internationally renowned supplier XCMG Group. We believe that this cooperation will greatly promote local employment and skill improvement in Guinea, and promote investment in vocational and technical education, maximizing the potential of the Simandou project We are pleased to cooperate with XCMG Group and participate in this extraordinary project together. The Simandou project can become a key driving force for Guinea's economic growth - spawning a new wave of investment, building the country's industrial structure, and also becoming a new starting point for our cooperation with XCMG Group