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.
Together with announcing a major management reshuffle and division reorganization, Rio Tinto (ASX, LON:RIO) revived Tuesday rumours of an incoming $9 billion BHP-style spinoff. Soon-to-be Rio’s chief executive, Jean-Sébastien Jacques, overhauled the group business divisions, leaving its least loved units...
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