BHP gives Chile a $13 billion reason to cut red tape for mines
BHP has said previously that the projects would take production to an average annual rate of about 1.4 million metric tons next decade in Chile.
Rio Tinto (ASX, LON:RIO), the world’s second largest miner, delivered strong signs of a long-awaited turnaround in the industry by posting its first gain in annual profit since 2013. Higher iron ore prices boosted Rio’s profit 12% to $5.1 billion...
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