EXPLORATION & DEVELOPMENT

Rio invests $US487M in smelter

RIO Tinto Alcan will invest a further $US140 million ($A147 million) into its aluminium smelter in Straumsvik, Iceland, bringing total investment in the smelter over the past few weeks to $487 million.

MiningNews.Net
Rio invests $US487M in smelter

The miner said the money would be spent on a leading-edge casting facility to produce high-quality billet at the smelter with billet production expected to begin in 2012. Last month, Rio Tinto Alcan...

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