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Rio Tinto restarts iron ore expansion programme in Canada with US$400 million investment

infomine - mining equipment and supplier news | May 6, 2010 | 8:56 am Top Companies Iron Ore 

Rio Tinto has announced the re-commencement of its expansion programme in its Iron Ore Company of Canada (IOC) operations. The Board of IOC has approved new investment of US$401 million (Rio Tinto share US$235 million) to increase its annual concentrate capacity by four million tonnes to 22 million tonnes by 2012.  Read the full press release at http://www.riotinto.com/media/18435_media_releases_19234.asp

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