Rio and Chinalco hit iron ore deal, West Africa
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IRJ Mar 19 - Mining giants Rio Tinto and Chinalco, of China, have signed an agreement to develop an iron ore location in Guinea, West Africa.
"We have long believed that Rio Tinto and Chinalco could work together on major projects for mutual benefit," Tom Albanese, CEO at Rio Tinto told press.
This deal is on the Simandou mine, (95 per cent Rio Tinto) and also includes a port and rail infrastructural plan.
"We have long believed that Rio Tinto and Chinalco could work together on major projects for mutual benefit," Tom Albanese, CEO at Rio Tinto told press.
This deal is on the Simandou mine, (95 per cent Rio Tinto) and also includes a port and rail infrastructural plan.
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