Rio Tinto to invest 2 billion 600 million dollars in the construction of mines in Australia

112114

Anglo-Australian company Rio Tinto announced its intention to invest $2,600 million in the construction of a Koodaideri mine containing iron ore in Western Australia. According to the calculations of the company, the production capacity of the mine will be 43 million tons of iron ore per year. Rio Tinto will begin its construction in 2019. It is planned that the company will receive the first batch of ore in 2021. As stated by the head of Rio Tinto, Jean-Sebastien Jacques, the mine will be automated and equipped with modern technological equipment, which will use the data to improve safety and productivity.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: