Rio Tinto in Talks With Vitol Over Venture to Cut Freight Costs (opens original article in a new tab)

Rio Tinto is negotiating with Vitol to create a freight and logistics joint venture, aiming to lower transportation expenses.

• Rio Tinto is discussing a joint venture with Vitol for freight and logistics
• The talks occur shortly after Rio Tinto ended discussions to acquire Glencore
• The goal of the potential venture is to reduce freight costs