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Rio Tinto and Sumitomo Metal Mining to partner on Winu copper-gold project

Dec 03, 2024•over 1 year ago

Contract Type

partnership

LondonManufacturingMiningMineralMining TechnologyData Mining

Description

Rio Tinto and Sumitomo Metal Mining have signed a Term Sheet for a Joint Venture to deliver the Winu copper-gold project in Western Australia. The partnership involves an equity share investment of $399 million by Sumitomo Metal Mining and a broader strategic collaboration across copper, other base metals, and lithium.

Company Information

Company

Rio Tinto Limited

Location

London, England, United Kingdom

About

Rio Tinto Limited is a leading global mining and metals company, producing materials essential for human progress. The company is committed to sustainable and responsible mining practices.

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Based on industry data
Strategic partnership established
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