Rio Tinto And Hancock To Invest $1.61 Bln In Hope Downs 2 Iron Ore Project
Bullish
50.0
(RTTNews) - Rio Tinto Plc. (RTPPF.PK, RIO.L, RIO, RTNTF.PK) announced a joint investment of $1.61 billion with Hancock Prospecting to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region, with Rio Tinto contributing $0.8 billion.
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