Brief: Rio Tinto And Sumitomo Metal Mining Sign Definitive Agreement For Winu Project JV
12/05/2025 07:33
May 12 (Reuters) - Rio Tinto Ltd RIO.AX: RIO TINTO AND SUMITOMO METAL MINING SIGN DEFINITIVE AGREEMENT FOR WINU PROJECT JOINT VENTURE RIO TINTO - SMM WILL PAY RIO TINTO UP TO $430.4 MILLION FOR A 30% EQUITY SHARE OF PROJECT RIO TINTO LTD - SUMITOMO TO PAY UP TO $430.4 MILLION FOR 30% WINU STAKE RIO TINTO LTD - TRANSACTION EXPECTED TO CLOSE IN 2025, SUBJECT TO APPROVALS Source text: ID:nBw25nrGma Further company coverage: RIO.AX ((Reuters.Briefs@thomsonreuters.com;))
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