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Rio Tinto (RTP) and Chalco, a subsidiary of Chinalco (ACH), set aside recent tensions to...

Rio Tinto (RTP) and Chalco, a subsidiary of Chinalco (ACH), set aside recent tensions to establish an iron ore JV in Guinea. Chalco will provide $1.35B to fund development work in the next 2-3 years, receiving in return a 47% stake in Rio's Simandou project.
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