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Rio Tinto modifies Rhodes Ridge JV to include renewables

Rio Tinto and Wright Prospecting Pty Ltd have amended the joint venture for the Rhodes Ridge iron ore deposit in East Pilbara to modernise the agreement.

Jax Jacobsen
Rio Tinto will speed up development of the Rhodes Ridge project.

Rio Tinto will speed up development of the Rhodes Ridge project.

Both hold a 50% stake in the iron ore project. The joint venture agreement has been amended to include the planned instalment of 1 gigawatt of renewable power. The companies will also use Rio Tinto's...

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