Drill Rig, Pilbara, Australia. Credit: Adwo/Adobe Stock Corrs Chambers Westgarth Advises Rio Tinto on $1.3B Iron Ore Deal
The deal sees Rio Tinto form a joint venture with the China Baowu Steel Group.
September 27, 2022 at 05:54 AM
2 minute read
Corrs Chambers Westgarth is advising Rio Tinto on its $1.3 billion Western Range iron ore project with China Baowu Steel Group.
The A$2 billion project in the Pilbara region of Western Australia will be 54% owned by Rio Tinto with Baowu holding the remainder.
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