The world's largest mining project, the Simandou project in Guinea, officially launched on November 11.  The event was a historic milestone for the industry, as the $23 billion mine took nearly three decades from discovery to production.The mine is a joint operation between Rio Tinto (NYSE:RIO), Winning Consortium Simandou, China Baowu, Chinalco, and the Government of Guinea.Project Scope and Global Iron Ore ImpactAt full capacity, Simandou is expected to produce up to 120 million tons of iron ore annually, ...