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07 Jun
12:07

Rio, Minmetals form China exploration JV

Rio Tinto and China Minmetals have formalised a contract to form a 50:50 joint venture to explore for mineral deposits. This will initially focus on China but could extend globally, Kallanish notes. “The immediate priority for the joint venture will be mineral targets in China,” Rio’s press release states. The pair had previously signed a technical collaboration agreement in November 2017 to jointly explore mineral deposits. The joint venture c…
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