Rio Tinto Group will spend $1.9 billion to expand its bauxite mining operations in northern Australia, with the development of a new major mine to replace production from depleting projects
RIO TINTO SAYS CONSTRUCTION WILL RAMP UP IN 2027 AND IS EXPECTED TO SUPPORT MORE THAN 1,300 CONSTRUCTION JOBS, WITH THE PROJECT ADDING 20 MLN TONNES OF ANNUAL BAUXITE PRODUCTION CAPACITY IN WEIPA, FIRST OUTPUT TARGETED IN 2029 AND FULL PRODUCTION EXPECTED BY 2032
RIO TINTO SAYS IT IS INVESTING $1.9 BLN TO DEVELOP THE KANGWINAN BAUXITE PROJECT, A BROWNFIELD INVESTMENT THAT WILL REPLACE PRODUCTION FROM THE ANDOOM MINE NEAR WEIPA AS IT REACHES THE END OF ITS LIFE THIS DECADE
Rio leaves the field to a standing ovation, with the Reds making a double alteration 🤝
⬅️ Rio Ngumoha, Jeremy Jacquet.
➡️ Bradley Barcola, Joe Gomez.
#UCL#
Riots in France have become a scarily regular occurrence. How will the country grapple with this level of generational unrest?
🎥 Tune in Tuesday at 8:30 AM ET as @TimOBrien discusses LIVE with @LionelRALaurent and @ThereseRaphael1