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Rio Tinto to acquire Aurukun bauxite project from Glencore, Mitsubishi Development
Source: reuters.com
M&A & RestructuringCommodities & Raw Materials
Rio Tinto agreed to acquire the Aurukun Bauxite Project in Western Cape York, Queensland, from a Glencore and Mitsubishi Development joint venture. The transaction expands Rio Tinto's access to bauxite resources, though no purchase price, production capacity, timeline, or financial terms were disclosed.
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