Rio Tinto (RIO) and BHP Group (BHP) have cleared a legal challenge against their Resolution Copper project after the US Supreme Court on May 14 denied a rehearing petition from Native American group Apache Stronghold.
Apache Stronghold was seeking to block the transfer of Oak Flat, a federally owned land within the Tonto National Forest, to Resolution Copper.
Rio Tinto holds a 55% stake in Resolution Copper, while BHP owns the remaining 45% interest.
Price: 61.00, Change: -0.59, Percent Change: -0.95
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