CAPITAL MARKETS

Rio pours cold water on JV walk-out rumours

DESPITE news reports to the contrary, Rio Tinto continues to deny it is planning to pull out of the planned $US116 billion ($A119 billion) iron ore joint venture with BHP Billiton in the Pilbara.

MiningNews.Net

Rio pours cold water on JV walk-out rumours

In a statement, the major said its board had not made any final decisions about possible outcomes or next steps relating to the proposed JV. It followed an article in the Sydney Morning Herald which...

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