Original article by Amanda Saunders
The Australian Financial Review – Page: 21 : 1-Jul-14
Rio Tinto expects to approve its South of Embley bauxite project at Weipa in Queensland later in 2014. UBS analyst Glyn Lawcock estimates that the project will generate an internal rate of return of about 29 per cent. The mining company will benefit from strong demand for bauxite. The South of Embley project is forecast to produce 22.5 million tonnes of bauxite each year at the initial stage, possibly rising to 50 million tonnes a year
CORPORATES
RIO TINTO LIMITED – ASX RIO, ALCAN GOVE PTY LTD, JP MORGAN AUSTRALIA LIMITED, UBS HOLDINGS PTY LTD