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Rio Tinto to Invest $1.9 Billion in Queensland Bauxite Project

Rio Tinto said it will develop the Kangwinan bauxite project in Queensland, replacing output from its ageing Andoom mine and lifting annual production capacity at its Weipa bauxite operations.

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09:58:22 PM UTC
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Australia's Rio Tinto to invest $1.9 billion in Queensland bauxite project

Rio Tinto said on Friday it will invest $1.9 billion to develop the Kangwinan bauxite project in Queensland. The project will replace production from the ageing Andoom mine and raise annual production capacity at the company’s Weipa bauxite operations.