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Rio departs AusQuest iron ore JV

JUNIOR iron ore explorer AusQuest has parted ways with global resources behemoth Rio Tinto over the Nameless joint venture in Western Australia’s Pilbara region after the major reviewed results from a drilling program completed earlier this year in which contaminants were identified as a major concern.

Jesse Riseborough
Rio departs AusQuest iron ore JV

AusQuest said it was now considering the future of the project, with beneficiation test work expected to begin shortly to assess the potential to increase the iron grade above 52.7% as well as reduce contaminant...

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