BULKS

Rio to spend $2.2B on replacement mines

RIO Tinto will need to spend US$2.2 billion on replacement mines in the next three years to maintain iron ore production at 360 million tonnes per annum.

 Rio Tinto's Pilbara operations

Rio Tinto's Pilbara operations

Rio Iron Ore chief executive Chris Salisbury told analysts in Perth yesterday that there were replacement options at the existing Yandi, West Angelas and Robe Valley mines. "In most cases, these developments...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.