Monday 10 August 2026
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finance

Rio Tinto and Hancock invest $1.6 billion in Pilbara iron ore expansion

Rio Tinto and Gina Rinehart's Hancock Prospecting have committed a combined US$1.6 billion to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara, extending one of the region's most durable mining partnerships.

By Perth News Desk · 3 August 2026 · 2 min read

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