Rio Tinto, BHP to join forces on Pilbara iron ore project (BHP:NYSE)


Iron ore recovery and storage machine

Dazman/E+ via Getty Images

Rio Tinto (RIO) and BHP (BHP), the world’s largest mining companies, said Wednesday that they will work together in Australia’s Pilbara region to extract up to 200 million metric tons of iron ore from its neighboring Yandicoogina and Yandi operations.

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