Rio Tinto in large-scale expansion of Australian bauxite project

British-Australian Rio Tinto is gearing up for a massive expansion of production from one of the world's biggest bauxite deposits. This happens after the mining group has secured approval for a billion dollar project that includes, among other things, a new mine and port facilities.

Photo: Saipem

Rio Tinto is now ready to boost the output significantly from one of the world's biggest bauxite deposits in northern Queensland, Australia.

This happens after Rio Tino has secured approval from authorities for its large-scale Amrun project, which has a combined investment budget of USD 1.9 billion and which includes elements such as the construction of a new bauxite mine, associated processing plants and port facilities for further treatment and shipping from the Cape York peninsula in Queensland, informs Rio Tinto in a statement on Friday.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Daewoo Shipbuilding makes deal with conglomerate on conditional sale

Shipbuilding group DSME has signed a memorandum of understanding with conglomerate Hanwha Group about a sale of Korea Development Bank’s 50-percent equity position, according to a news agency. The state-owned bank has previously stated that the yard ought to be sold quickly. Updated.

Further reading

Related articles

Latest news

See all jobs