BAUXITE – QUEENSLAND

Rio Tinto to approve $US1b South of Embley expansion

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Original article by Matthew Stevens, Amanda Saunders
The Australian Financial Review – Page: 19 : 26-Nov-15

Australian-listed Rio Tinto has declined to comment on speculation that its board of directors is about to approve development of its South of Embley bauxite project in Queensland. The $A1.4bn project has been delayed due a range of factors, including environmental concerns. Annual production is expected to be around 22.5 million tonnes, and this could potentially rise to around 50 million tonnes per annum.

CORPORATES
RIO TINTO LIMITED – ASX RIO

Rio ready to approve bauxite mine

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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