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BHP, Rio Tinto join BlueScope to build Australia’s largest electric iron-making furnace

Iron Ore reclaimer machine and stockpile

Dazman/E+ via Getty Images

The world’s top iron ore miners BHP (NYSE:BHP) and Rio Tinto (NYSE:RIO) will join Australia’s largest steelmaker BlueScope Steel (OTCPK:BLSFF) to build the country’s largest electric ironmaking smelting furnace, the companies announced early Tuesday, without providing financial details.

The pilot

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