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Rio Tinto and BHP to finance huge expansion at Escondida in Chile

Cecilia Jamasmie | February 15, 2012 | 2:17 pm Base Metals Top Companies Europe Latin America Copper 

A week after announcing substantial profits and the expansion of their vast Western Australia iron ore operations, BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE:RIO) said yesterday that they would spend $US 4.5 billion on the Escondida copper mine in...

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