Rio reveals new third-party access rail alternative

RIO Tinto has signed an unprecedented deal with junior explorer Iron Ore Holdings over the potential development of the Phil’s Creek deposit, one which the iron ore major is presenting as an alternative to third-party rail access.

Rio reveals new third-party access rail alternative Rio reveals new third-party access rail alternative Rio reveals new third-party access rail alternative Rio reveals new third-party access rail alternative Rio reveals new third-party access rail alternative

Under the deal, once the feasibility of developing Phil's Creek is proven, the mine would be owned and operated by IOH.

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