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Rio Tinto-OMC $2 billion join venture to be shelved

Cecilia Jamasmie | September 28, 2012 | 5:53 pm Top Companies Asia Europe Iron Ore 

A 17-year-old agreement to develop about $2 billion worth in iron ore deposits in the Indian region of in Odisha between, mining giant Rio Tinto (LON,NYSE:RIO) and state-own Odisha Mining Corporation (OMC), is about to be nothing but history. The...

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