Rio Tinto to invest a further US$3.4 billion in expansion of iron ore operations in Western Australia

Rio Tinto has committed a further US$3.4 billion (Rio Tinto share $2.9 billion) to the major expansion of its Pilbara iron ore operations in Western Australia. The investment comprises: • US$2.2 billion (Rio Tinto 100 per cent) to extend the life...

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