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Mitsui buys 40% share in Rio's Rhodes Ridge for $8B

Japanese conglomerate buys into Rio‘s ‘best undeveloped iron ore project in the Pilbara’

Haydn Black
Mitsui buys 40% share in Rio's Rhodes Ridge for $8B

Credits: Rio Tinto

Japan's Mitsui & Co. has inked agreements to acquire a 40% interest in the Rio Tinto-operated Rhodes Ridge joint venture by buying out two minority interests from subsidiaries of Wright Prospecting for...

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