Rio, BHP’s Resolution Copper Wins Fast-Track Status in US
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The US government has awarded fast-track status to a long-delayed copper mining project in Arizona owned by the world’s two biggest mining companies, Rio Tinto Group and BHP Group.
The Resolution Copper mine is among a list of 10 projects to be granted “Fast-41” status, according to a government press release issued late Friday. Fast-41 was signed into law under former President Barack Obama to streamline approval processes. In the statement on Friday, the Trump administration said the act would reduce the country’s reliance on mineral resources from foreign nations.