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  1. Morgan Stanley raised price targets for Rio Tinto, noting the company may benefit from Trump-era tariffs and the onshoring trend.

A joint investment project in the Pilbara, involving Hancock Prospecting, secured necessary State and Federal licenses and confirmed its commitment to iron ore.

2 reports, 0 independent Updated Jun 30
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What happened

SpeculativeNo independent reporting found

A joint investment project in the Pilbara, involving Hancock Prospecting, secured necessary State and Federal licenses and confirmed its commitment to iron ore.

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What this event is mainly about

How it developed

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  1. Rio Tinto and Hancock Prospecting are partnering on the Hope Downs 2 project in the Pilbara.Sub-event
  2. Pilbara iron ore project obtains licenses and confirms commitment amid tariffs/onshoring trends.
  3. Rio Tinto and Hancock Prospecting jointly invested $1.6B in the Hope Downs 2 project in the Pilbara.

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