Business
United States Forest Service and Resolution Copper Complete Land Exchange
The U.S. Forest Service and Resolution Copper, a joint venture owned by Rio Tinto and BHP that represents one of the world's most significant untapped copper deposits, have completed a Federal land exchange required to unlock the full potential of the project.
About this update from Rio Tinto Plc
[{"type":"text","content":"SUPERIOR, Ariz., March 16, 2026 /PRNewswire/ -- The U.S. Forest Service and Resolution Copper, a joint venture owned by Rio Tinto and BHP that represents one of the world's most significant untapped copper deposits, have completed a Federal land exchange required to unlock the full potential of the project.","length":362,"tagName":"p"},{"type":"image","alt":"Resolution Copper Mining (PRNewsfoto/Resolution Copper)","displaySize":"","headline":null,"caption":"Resolution Copper Mining (PRNewsfoto/Resolution Copper)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":90,"url":"https://media.zenfs.com/en/prnewswire.com/5c1981d610f775b927d3e2060df2098f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/rOSwCH3KRS1uwBnEtoigHw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/5c1981d610f775b927d3e2060df2098f","width":400,"height":90}},"href":"https://mma.prnewswire.com/media/2742922/Resolution_Copper_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""This is a remarkable day for both Resolution Copper and Arizonans," said Vicky Peacey, President & General Manager at Resolution Copper. "We are grateful to President Trump and his Administration for making our project a Fast-41 priority and to the U.S. Forest Service, the Department of the Interior, the Department of Agriculture, the Bureau of Land Management, and the U.S. Congress for completing the land exchange that makes this milestone possible. Their leadership has paved the way for one of the most significant private investments in rural Arizona's history and unlocked the second-largest undeveloped copper deposit in the world."","length":671,"tagName":"p"},{"type":"text","content":""Resolution Copper would create thousands of high-paying jobs in the Copper Triangle and add an estimated $1 billion a year to Arizona's economy once in operation. We look forward to continuing to work with local communities and Native American Tribes as Resolution Copper moves to its next phase of development."","length":362,"tagName":"p"},{"type":"text","content":"Legislation to facilitate the land exchange passed with bipartisan support in December 2014. The land...