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Rio Tinto teams up with China Baowu to develop Western Range iron ore project

Rio Tinto teams up with China Baowu to develop Western Range iron ore project

Reuters · 09/13/2022 19:19
Rio Tinto teams up with China Baowu to develop Western Range iron ore project

- Global miner Rio Tinto Ltd RIO.AX on Wednesday said it would team up with state-owned China Baowu Steel Group Co to develop an iron ore project in the Pilbara region of Western Australia.

Rio Tinto will invest $1.3 billion for the development of the Western Range project.


(Reporting by Sameer Manekar in Bengaluru; Editing by Devika Syamnath)

((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))