BHP, Rio approve Escondida investment

ESCONDIDA partners BHP Billiton and Rio Tinto have approved a combined $US3 billion ($A3.2bn) investment in a desalination facility at the massive Chilean copper operation.

BHP, Rio approve Escondida investment BHP, Rio approve Escondida investment BHP, Rio approve Escondida investment BHP, Rio approve Escondida investment BHP, Rio approve Escondida investment

BHP, as 57.5% owner and manager of the project, will contribute $1.97 billion, while Rio will chip in $1.03 billion for its 30% share for the 2500-litre-per-second seawater desalination plant.

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