Rio announces $1.25 billion Hamersley expansion

RIO Tinto has thrown down the gauntlet to would-be entrants to the iron ore game with plans to spend US$920 million (A$1.25 billion) expanding Hamersley Iron’s Dampier port and Yandicoogina mine in Western Australia’s Pilbara region.

Rio announces $1.25 billion Hamersley expansion Rio announces $1.25 billion Hamersley expansion Rio announces $1.25 billion Hamersley expansion Rio announces $1.25 billion Hamersley expansion Rio announces $1.25 billion Hamersley expansion

The port expansion will boost iron ore capacity to 116 million tonnes a year from 74Mtpa and output at Yandicoogina will lift to 36Mtpa..

loader