Rio Tinto and Sumitomo Metal Mining sign joint venture for Winu copper-gold project

Rio Tinto and Sumitomo Metal Mining signed final joint venture agreements for the Winu copper-gold project in Western Australia. Sumitomo will pay Rio Tinto up to $430.4 million for a 30% equity share, including $195 million upfront.

“This partnership is an excellent fit for Rio Tinto and will strengthen the project.”stocks.observer-reporter.com

• 1 source
• stocks.observer-reporter.comRio Tinto and Sumitomo Metal Mining sign Definitive Agreement for Winu Project joint ventureRio TintoMay 12, 2025

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