Pilbara mine investment to create hundreds of jobs

Original article by Hamish Hastie
The Sydney Morning Herald – Page: Online : 2-Oct-18

The mine life of the Robe River iron ore joint venture will be extended after Rio Tinto and its partners in the project announced plans to develop up to five new deposits. Rio Tinto, Mitsui and Nippon Steel & Sumitomo Metal Corporation will invest a combined $US1.55bn ($2.14bn) to expand the West Angelas and Robe Valley mines. Rio Tinto, which has a 53 per cent stake in the joint venture, will contribute $US820m ($1.13m). The expansion is expected to create up to 1,200 jobs.

CORPORATES
RIO TINTO LIMITED – ASX RIO, MITSUI AND COMPANY LIMITED, NIPPON STEEL AND SUMITOMO METAL CORPORATION, WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET, BHP BILLITON LIMITED – ASX BHP

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