Rio Tinto Approves $144 Million for Arizona Copper Project
Rio Tinto approved a $144 million investment for the next development phase of the Resolution Copper project in Arizona.
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02:54:51 PM UTC
SquawkNews
CITY OF MELBOURNE (dpa-AFX) - On Thursday, Rio Tinto (RIO) approved a $144 million investment in the Resolution Copper project in Arizona, including $79 million from its share.The funding will support the project's next development phase at one of the world's largest undeveloped copper deposits, wh…
02:57:00 PM UTC
SquawkNews
Rio Tinto Approves $144 Million Investment for Resolution Copper Project in Arizona
By Robb M. StewartRio Tinto has given the go ahead for a $144 million investment for the next phase of development at a large untapped copper deposit in Arizona that promises to be a major new source of the metal produced domestically for the U.S.The mining company said its share of the investment…