Rio Tinto Approves US$1.9 Billion Australian Bauxite Project
27 November 2015 - 3:36PM
Dow Jones News
By Rhiannon Hoyle
SYDNEY--Rio Tinto PLC (RIO.LN) on Friday said it has approved a
US$1.9 billion bauxite development in northeastern Australia.
The Anglo-Australian mining company said it initially intends to
produce 22.8 million tons annually from the mine, formally known as
South of Embley but renamed Amrun, when it starts production in
2019.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 26, 2015 23:21 ET (04:21 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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