Rio Tinto, Hancock given approval for $2.5b Pilbara iron ore expansion

Despite reports of an iron ore downturn, global mining giants Rio Tinto and Hancock Prospecting have been given the green light for a $2.5 billion mine expansion in Western Australia’s Pilbara region. The state and federal governments have both approved the two new iron ore pits to be developed at the existing Hope Downs project, […]