Jincheng Tongda & Neal (JT&N) recently advised Aluminum Corporation of China (CHINALCO) on its subsidiary's investment in the Simandou high-grade iron ore deposit in Guinea - one of the largest greenfield integrated mine and infrastructure investments in Africa. JT&N provided comprehensive legal support across a broad spectrum of matters, including regulatory, transactional, and risk management, ensuring a favorable outcome for CHINALCO.
The Simandou mine, located in southeastern Guinea, is one of the largest undeveloped iron ore deposits on earth. The Simandou project is one of the largest greenfield investments of its kind, involving significant capital and multiple international stakeholders. Led by Senior Partner Guohua Wu and Partner Yingnan Li, JT&N’s team utilized their battle-tested experience in handling large-scale, cross-border investments - particularly in emerging markets with tricky regulatory requirements. Their expertise in navigating complex legal and regulatory issues and safeguarding high-stakes negotiations was crucial to securing a satisfactory outcome for their clients.
Guohua Wu commented, “Our team is proud to play a key role in advising CHINALCO regarding this landmark investment. Despite the complexities of this cross-border transaction, we delivered practical, timely solutions that mitigated risks for the project. This accomplishment shows our ability as legal advisers to large-scale international investments and how we bring value to our clients.”