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Rio Tinto has signed a farm-in agreement worth up to A$58.5 million with unlisted Perth-based project generator Tali Resources over ground in Western Australia.
Tali Resources is focused on the West Arunta and Madura regions of Western Australia
Rio can earn up to 75% of five tenements in the West Arunta region which are considered prospective for iron oxide-copper-gold mineralisation.
The company already holds the ground surrounding Tali.
'2030 is tomorrow,' Stausholm said
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