CAPITAL MARKETS

Rio invests $2.7B in aluminium

RIO Tinto has announced a further $US2.7 billion ($A2.6 billion) investment to modernise and boos...

Kristie Batten

The modernisation project, which is costing $3.3 billion overall, will increase capacity by 48% to around 420,000 tonnes of aluminium per year. First production is expected in the first half of 2014,...

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