Rio Tinto invests in production

Photo / Thinkstock
Photo / Thinkstock

Rio Tinto will spend US$833 million ($1 billion) on power and fuel infrastructure under plans to increase iron ore production in Western Australia's Pilbara region.

The investment is part of a five-year programme started last year to increase the mining giant's production capacity in the region by half to 333 million tonnes a year by the first half of 2015. US$US$

© Copyright 2015, APN New Zealand Limited

Assembled by: (static) on production apcf02 at 02 Feb 2015 12:49:41 Processing Time: 501ms