Rio Tinto to Spend $1.9 Billion on Australian Bauxite Expansion

Rio Tinto Group announced a $1.9 billion investment to expand bauxite mining operations in northern Australia. The project includes development of a new mine to replace production from existing operations that are depleting. Rio Tinto is a London- and Melbourne-listed mining company.

• Bloomberg — Rio Tinto to Spend $1.9 Billion on Australian Bauxite Expansion

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