Mining Giants BHP and Rio Tinto Mark Iron Ore Collaboration

2026-01-16 09:16:40 ET

BHP (ASX:BHP,NYSE:BHP,LSE:BHP,OTCPL:BHPLF) and Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO,OTCPL:RTPPF) are collaborating to extract up to 200 million tonnes of iron ore under two non-binding Memoranda of Understanding (MOUs).

Mining and extraction will be performed at BHP’s Yandi and Rio’s Yandicoogina operations, which sit approximately 80 kilometres away from each other.

“This is a clear example of productivity in action – unlocking new opportunities by making the most of our existing resources,” said Tim Day, BHP WA Iron Ore Asset president.

“Together we will extend the life of these operations, create additional value, and further support Western Australian jobs and local communities,” added Matthew Holcz, Rio's Iron Ore chief executive.

For further details see: