Rio Tinto to invest USD 3.4 billion in expansion of iron ore operations in Western Australia
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Rio Tinto has committed a further USD 3.4 billion (Rio Tinto share USD 2.9 billion) to the major expansion of its Pilbara iron ore operations in Western Australia.
The investment comprises of
1. USD 2.2 billion (Rio Tinto 100%) to extend the life of the Nammuldi iron ore mine. With this
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