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Partnership

Sumitomo Metal Mining x Rio Tinto

Rio Tinto and Sumitomo Metal Mining signed a Term Sheet for a joint venture on the Winu copper-gold project in Western Australia. SMM will pay 399 million USD for a 30 percent equity share with Rio Tinto as managing partner and operator.

joint venture · Announced · operating


Machine-readable surfaces

9b447efa-5fb5-463a-b669-86d44c53fe1f
Type
joint venture
Status
Announcedoperating

Who’s involved

Sumitomo Metal Mining (TSE: 5713) is a Japanese mining and smelting company producing copper, nickel, and rare earth metals essential for battery and semiconductor manufacturing in autonomous systems.

HQJapanwww.smm.co.jp4 partnerships

Most-frequent partners

Off-registry parties

  • Rio Tinto · co developer

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Sources (1)

  1. https://www.riotinto.com/en/news/releases/2024/rio-tinto-and-sumitomo-metal-mining-to-partner-on-winu-copper-gold-project

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