Rio Tinto partners Baowu on $2bn iron ore project in Australia
Rio Tinto has agreed to form a JV with steel production firm China Baowu Steel Group (Baowu) to develop the Western Range iron ore project.
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Rio Tinto has agreed to form a JV with steel production firm China Baowu Steel Group (Baowu) to develop the Western Range iron ore project.
By Rhiannon Hoyle Rio Tinto PLC on Wednesday said it intends to form a joint venture with China Baowu Steel Group Corp. Ltd. to develop the $2-billion Western Range iron-ore project in... | September 13, 2022
Rio Tinto’s Western Range will produce 25 million tonnes a year of the steel-making ingredient if the miner’s UK and Australian shareholders approve the deal.
(Reuters) - Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Weste...
Diplomatic tensions between Beijing and Canberra have not stopped a Chinese state-owned entity from investing in another big Pilbara iron ore project.