RIO rio tinto limited

News: RIO U.S. court upholds Arizona land swap deal for Rio Tinto copper mine

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    June 25 (Reuters) - A U.S. appeals court has ruled that the federal government may transfer thousands of acres in Arizona to Rio Tinto Plc (RIO) RIO.L for a copper mine in a land swap deal, upholding a lower court's ruling and rejecting a request from Native Americans who said the land has religious and cultural import.

    The 2-1 ruling from the San Francisco-based 9th U.S. Circuit Court of Appeals, issued late Friday night, essentially defers to a 2014 decision made by the U.S. Congress and then-President Barack Obama to give the land to Rio for its Resolution Copper project.

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    INSIGHT-Arizona mining fight pits economy, EVs against 
    

    conservation, culture nL1N2LO28S

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