Rio Tinto, Hancock Invest $1.6 Billion In Hope Downs 2 Expansion

benzinga.com/markets/commodities/25/06/46070144/rio-tinto-hancock-invest-1-6-billion-in-hope-downs-2-expansion

Rio Tinto (NYSE:RIO) and Hancock Prospecting have announced on Tuesday a joint investment of $1.61 billion to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region. A 50-50 investment will drive a significant expansion of the long-standing Hope Downs Joint…

This story appeared on benzinga.com, 2025-06-24 10:48:39.
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