Rio Tinto, Baowu to set up iron ore JV in Australia, ink 126.5 mil mt sales deal
September 14, 2022 Comments Off
Miner Rio Tinto and China’s Baowu Steel Group will set up a joint venture, investing $2 billion to develop an iron ore project in the Pilbara region of Western Australia, the miner said Sept. 14. The Western Range project, with 25 million mt iron ore output capacity, will help continue production of the Pilbara Blend from Rio Tinto’s Paraburdoo mining…
Rio Tinto, Baowu to set up iron ore JV in Australia, ink 126.5 mil mt sales deal
Miner Rio Tinto and China’s Baowu Steel Group will set up a joint venture, investing $2 billion to develop an iron ore project in the Pilbara region of Western Australia, the miner said Sept. 14. The Western Range project, with 25 million mt iron ore output capacity, will help continue production of the Pilbara Blend from Rio Tinto’s Paraburdoo mining…
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