28
Nov
05:18
Rio Tinto adds investment to Pilbara mine
Rio Tinto has approved a $749 million investment in its Western Turner Syncline second-phase mine in order to maintain iron ore production and drive down costs at its Pilbara operations, Kallanish learns from the miner. The WTS mine is part of the company's Greater Tom Price operations in Western Australia.
The investment would support the mining of existing and new iron ore deposits and includes construction of a new crusher as…
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Very good overview of the weekly steel market.
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