RIO News: Rio Tinto and Codelco complete Nuevo Cobre exploration joint venture agreement - 8th Nov 2023, 11:01pm

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TOKYO, November 08, 2023--(BUSINESS WIRE)--Rio Tinto has today completed the acquisition of PanAmerican Silver’s stake in Agua de la Falda and entered a joint venture with Corporación Nacional del Cobre de Chile (Codelco) to explore and potentially develop the company’s assets in Chile’s prospective Atacama region.

The acquisition, announced on 1 August 2023, comprises a 57.74% operating stake in Agua de la Falda for $45 million and the grant of net smelter returns royalties. ...

>>> Read more: Rio Tinto and Codelco complete Nuevo Cobre exploration joint venture agreement
 
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