BHP and Rio Tinto join forces: unlocking 200 million tonnes of iron ore potential

BHP (ASX:BHP,NYSE:BHP,LSE:BHP) and Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) are work together to unpack up to 200 million tonnes of iron ore under two non-binding memoranda of understanding. The companies said on Wednesday (Jan 14) that mining and extraction will be carried out at BHP’s Yandi and Rio Tinto’s Yandicoogina operations, which are about 80 kilometers apart. “This […]