Mining Giants BHP and Rio Tinto Mark Iron Ore Collaboration

2026-01-16 09:15:00 ET

BHP (ASX:BHP,NYSE:BHP,LSE:BHP) and Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) are collaborating to extract up to 200 million tonnes of iron ore under two non-binding memorandums of understanding.

The companies said on Wednesday (January 14) that mining and extraction will be performed at BHP’s Yandi and Rio Tinto’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 Western Australia's iron ore asset president.

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