Back to News
Jan 15, 2026 8:00 AM

Rio Tinto-BHP Pilbara Deal Could Unlock 200 Million Tonnes of Ore

On Wednesday, Rio Tinto Plc (NYSE:RIO) announced it collaborated with BHP Group Limited (NYSE:BHP) for extracting up to 200 million tonnes of iron ore from their neighboring Yandicoogina and Yandi operations in the Pilbara.

Details

As per two non-binding memorandum of understanding (MOUs), the companies will explore joint development of Rio Tinto's Wunbye deposit and arrangements for BHP to supply ore from its Yandi Lower Channel Deposit ...