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Rio Tinto-BHP Pilbara Deal Could Unlock 200 Million Tonnes of Ore

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On Wednesday, Rio Tinto Plc (NYSE:RIO) announced it collaborated with BHP Group Limited (NYSE:BHP) for extracting up to 200 million tonnes of iron ore from their neighboring Yandicoogina and Yandi operations in the Pilbara. Details As per two non-binding memorandum of understanding (MOUs), the…

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