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Robe River JV to invest $483m in West Angelas Sustaining Project
Yahoo Financeยท 2025-10-08 09:27
Rio Tinto, Mitsui and Nippon Steel have committed to investing A$733m ($482.8m) to develop the West Angelas Sustaining Project, with Rio Tinto's contribution being A$389m. This project is part of the Robe River joint venture (JV) in the Pilbara region of Western Australia. The Robe River JV is owned by Rio Tinto (53%), Mitsui Iron Ore (33%) and Nippon Steel (14%). The West Angelas Sustaining Project aims to develop new iron ore deposits and has received necessary state and federal government approvals. ...