Rhodes Ridge iron ore project : Rio Tinto updates five-decade old JV to develop Australian mine

Rhodes Ridge iron ore project : Rio Tinto updates five-decade old JV to develop Australian mine

Anglo-Australian multinational mining company Rio Tinto has agreed with Wright Prospecting to update a five-decade old joint venture to develop the Rhodes Ridge iron ore project in Australia. Rio Tinto and Wright Prospecting own a 50% stake each in the joint venture that was set up back in 1972. The agreement is aimed at modernizing […]