Rio Tinto Limited
Collins Street 120
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Rio Tinto has signed a deal to buy at least driverless trucks 150 from Komatsu over the next four years. The new trucks will be used in Rio Tinto's Pilbara iron ore mines in Western Australia and can be controlled from its Operations Centre in Perth more than 1500 kilometres away.
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Rio Tinto has approved further USD 211 million study funding and USD 1.117 billion early commitments in next stage of the Simandou iron ore mining project in Guinea. The funding will allow the project to move forward towards first shipment of ore by mid-2015.
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Rio Tinto is to invest USD 833 million (Rio Tinto share USD 706 million) in major power and fuel supply projects as part of its drive to substantially increase iron ore production capacity in Western Australia.
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Rio Tinto is accelerating its iron ore expansion programme in the Pilbara region of Western Australia with USD 676 million of funding for early works and procurement. Capacity extension to 333 million tonnes is now expected to be reached in 2015.
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London, United Kingdom – Rio Tinto will invest USD 277 million in the expansion of concentrate production capacity at Iron Ore Company of Canada. Its the second phase of a three stage expansion that will increase raise concentrate production capacity from 18 to 22 million tonnes per year.
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Melbourne, Australia – On January 13, 2011, Rio Tinto Alcan today gave notice to its affected customers of a force majeure event impacting the supply of aluminium from Boyne Smelters Limited near Gladstone as a result of the severe flooding across Queensland.
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London, United Kingdom – Rio Tinto has approved a further USD 1.2 billion iron ore investment in its drive to lift annual production capacity in Western Australia’s Pilbara region to 283 million tonnes per year. The capital will be used for significant expansions at the Brockman 4 and Western Turner Syncline mines.
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Melbourne, Australia – Rio Tinto is to invest a further USD 3.1 billion (Rio Tinto share USD 2.1 billion) in expanding its iron ore infrastructure in the Pilbara. This investment will increase annual infrastructure capacity to 283 million tonnes during 2013.
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Montreal (QC), Canada – Rio Tinto Alcan will move forward with its planned USD 347 million aluminium smelter modernisation project to increase the annual production capacity of its smelter in Straumsvik, Iceland (Isal), after finalising the landmark energy supply agreement reached earlier this year with Landsvirkjun, the Icelandic power utility.
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Melbourne, Australia – Rio Tinto will invest USD 230 million to implement Dampier Port expansion works that will result in an additional five million tonnes annual capacity, taking total Pilbara iron ore annual capacity to 230 million tonnes per year in the first quarter of 2012.
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Melbourne, Australia – Rio Tinto today announced an investment of USD 1.6 billion to develop the Hope Downs 4 iron ore project in Western Australia and link with Rio Tinto’s existing rail, power and port infrastructure in the Pilbara.
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Perth (WA), Australia – AusGroup has been award several contracts by Rio Tinto and BHP Billiton for projects at Cape Lambert Port and Worsley Alumina. Work at Cape Lambert Port includes fabrication and construction of a new screen building, feed and discharge conveyor systems and associated transfer station.
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Melboune (VIC), Australia – Rio Tinto is to invest a further USD 790 million in the Pilbara capacity extension to increase the annual capacity of the iron ore operations in the Pilbara to 330 million tonnes. This brings total investment funds approved in recent weeks to USD 1 billion.
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Rio Tinto and Chinalco subsidiary Chalco signed a binding agreement to establish a joint venture (JV) covering the development and operation of the Simandou iron ore project in Guinea.
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IUCN and Rio Tinto announce three-year relationship with a focus on enhanced sustainable development.
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Melburne, Australia – The Western Australian Government, Rio Tinto and BHP Billiton announced that they have signed a Heads of Agreement that will enable greater flexibility and efficiency in managing their iron ore mining operations and infrastructure in the Pilbara.
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London, United Kingdom – Rio Tinto is to invest USD 469 million in constructing the nickel and copper Kennecott Eagle mine in Michigan’s Upper Peninsula, USA, following receipt of final environmental approvals. Construction of the mine and mill will begin this year and first production is expected in late 2013.
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