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“Access to natural resources is a critical component to many of the world’s leading economies,” said Xiong Weiping, president of Chinalco. “Drawing on the respective strengths of both companies, this exploration JV could potentially create commodity supplies to benefit the global economy.”
“The formalization of our exploration JV is an important milestone in the expanding relationship between Rio Tinto and China,” said Tom Albanese, chief executive, Rio Tinto. “Given that mainland China is highly prospective, the JV has the potential to create valuable opportunities for both partners.”
For additional details, visit www.riotinto.com.