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Rio Tinto hikes investment in the Pilbara

Mar 1, 2021

Source: https://www.mining.com/rio-tinto-hikes-investment-in-the-pilbara/

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Rio Tinto’s iron ore operations in the Pilbara began in 1966, with the Mount Tom Price mine (pictured here) opening that year. (Image courtesy of Wikipedia.)

Rio Tinto (ASX, LON, NYSE: RIO) has spent over $385 million (A$500 million) over the past year to continue developing the Greater Tom Price iron ore operations in Western Australia’s Pilbara region.

The world’s second largest iron ore producer kicked off the Western Turner Syncline Phase 2 expansion in early 2020 and intends to employ more than 1,000 people at peak construction.

Original Text (This is the original text for your reference.)

Rio Tinto’s iron ore operations in the Pilbara began in 1966, with the Mount Tom Price mine (pictured here) opening that year. (Image courtesy of Wikipedia.)

The world’s second largest iron ore producer kicked off the Western Turner Syncline Phase 2 expansion in early 2020 and intends to employ more than 1,000 people at peak construction.

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