Rio Tinto and BHP to collaborate on Pilbara iron ore mining
Facilitated by two non-binding MoUs, the initiative covers joint work at Rio Tinto’s Wunbye deposit and processing BHP’s Yandi ore at the former’s wet plants.
16 January 2026
16 January 2026
Facilitated by two non-binding MoUs, the initiative covers joint work at Rio Tinto’s Wunbye deposit and processing BHP’s Yandi ore at the former’s wet plants.
The Lady Shenton deposit has been classified as 'mine ready' after receiving approval of the NVCP.
The partnership will combine Orion’s global expertise in metals and mining with SNB Capital’s strong local market footprint.
The $45m (C$62.51m) acquisition involves a $30m cash payment and the issuance of 3.57 million new shares by Gold Royalty.
The underground drilling initiative will primarily target the Quebradillas, San Marcos and Rosarios mines within the La Parrilla Complex.
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