Rio Tinto approves $1.9bn Kangwinan bauxite investment
Rio Tinto will invest $1.9 billion in its Queensland project, adding 20 million tonnes of annual production capacity. First output is targeted for 2029, with full production expected by 2032.
Rio Tinto plans to invest $1.9bn in the Kangwinan bauxite project in Queensland, Australia. The development is expected to add 20m tonnes of annual production capacity, supporting the company’s position as a leading global bauxite producer. First output is targeted for 2029, with full production expected by 2032.