Sumitomo Metal Mining

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  December 19, 2024

  Sumitomo Metal Mining Enters Exclusive Talks for Winu Copper-Gold Project Stake

  BY Lara Browne
  Sumitomo Metal Mining (SMM) has entered exclusive negotiations with Rio Tinto to acquire a 30% stake in the Winu copper-gold project in Australia, owned by the British mining giant. If the deal is finalized, Rio Tinto will retain a 70% interest in the project and continue as its operator. The agreement includes an upfront payment...
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  December 5, 2024

  Rio Tinto and Sumitomo Metal Mining Partner on Winu Copper-Gold Project

  BY Sophia Schmitz
  Rio Tinto and Sumitomo Metal Mining (SMM) have signed a term sheet for a joint venture to advance the Winu copper-gold project, located in the Great Sandy Desert region of Western Australia. Under the agreement, Rio Tinto will continue to develop and operate Winu as the managing partner, while SMM will acquire a 30% equity...
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