
Rio Seeks to Almost Double Bauxite Output From Queensland Mine
Rio Tinto Group is conducting early works and final studies to potentially almost double bauxite production from its Amrun project in far north Queensland by 2029.
The world's second-biggest miner is seeking to develop a new project called Kangwinan, it said Thursday. Its output would replace that of the Andoom and Gove mines, which are both expected to close by the end of this decade.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
3 hours ago
- Bloomberg
Rio Tinto Eyes Bailout for Australian Aluminum Smelter, AFR Says
Rio Tinto Group is seeking a multibillion-dollar government bailout for its Tomago aluminum smelter — Australia's largest electricity user — due to spiraling energy costs, the Australian Financial Review reported. The talks center on the smelter's electricity contract for 2026 to 2029 and the federal government's production tax credits, the newspaper reported Saturday, citing unidentified sources familiar with the discussions. One person interviewed by the AFR said any bailout package will likely be 'more sophisticated' than a direct subsidy and that talks are mainly being conducted with the New South Wales state government.

E&E News
8 hours ago
- E&E News
Trump's coal frenzy clashes with market realities
President Donald Trump's mad dash to unleash more mining and burning of 'beautiful clean coal' across the U.S. is running face-first into unfavorable market realities. The president has vowed to reverse Biden-era policies, rev up U.S. mining, and keep aging coal-fired power plants alive. But hundreds of miners have been laid off in states like West Virginia in recent weeks, prices remain low and a growing number of small, metallurgical coal producers across the U.S. continue to declare bankruptcy. Last week, Core Natural Resources laid off 200 miners in West Virginia at a metallurgical coal mine. The announcement arrived after Coronado Global Resources laid off workers at its coal mine in the state. Miners were also laid off at Alpha Metallurgical Resources' mine in Boone County last year. At the same time, companies like Corsa Coal Corp. and Coking Coal, LLC, have declared bankruptcy, and some say the industry will continue to face turbulence. Advertisement 'I wouldn't be surprised if we see several other producers either go out of the market or … you'll see substantial cutbacks, layoffs,' Randall Atkins, founder of Kentucky-based Ramaco Resources, which mines both coal and rare earths, told POLITICO's E&E News. 'There are plenty of others that are not in good shape. There are more companies out there that are teetering.'
Yahoo
14 hours ago
- Yahoo
Rio Tinto opens $2bn Western Range iron ore mine in Australia
Rio Tinto, in partnership with China Baowu Group, has officially inaugurated the Western Range iron ore mine in the Pilbara, Western Australia. The Western Range mine, with a production capacity of up to 25 million tonnes per annum (mtpa) of iron ore, represents a $2bn joint venture between Rio Tinto (54%) and Baowu (46%). The project, which was completed on time and within budget, is set to sustain the Paraburdoo mining hub for approximately 20 years. The mine's infrastructure includes a primary crusher and an 18km conveyor system that connects to the existing Paraburdoo processing plant. Rio Tinto said the strategic development not only secures jobs for more than 880 residential and FIFO (fly-in, fly-out) employees but also reinforces the economic stability of Paraburdoo town through continued royalties and taxes. The Western Range mine is pioneering in its approach to cultural preservation, being Rio Tinto's first project to implement a co-designed Social, Cultural and Heritage Management Plan with the Yinhawangka traditional owners. This plan, established in 2022, ensures the protection of significant cultural and heritage values in the area. The mine's operations commenced with the processing of the first ore through the Western Range system in late March this year. In September 2022, Rio Tinto and Baowu also agreed to enter into an iron ore sales agreement at market prices, covering a total of up to 126.5 million tonnes of iron ore over approximately 13 years. Rio Tinto CEO Jakob Stausholm said: 'Opening Western Range is an important step in Rio Tinto's extension plans in the Pilbara and ensures the longevity of one of our oldest mining hubs, Paraburdoo, which began operating in 1972. 'I am particularly proud of the work we have done with the Yinhawangka People to develop Western Range, and we will continue to work closely together. Partnering with Baowu ensures our biggest customer directly benefits with a consistent, dedicated supply of Rio Tinto's world-leading Pilbara Blend iron ore.' Furthermore, Rio Tinto and the Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation have entered into a co-management agreement that sets a precedent for heritage and social engagement in the mining sector. This agreement covers all of Rio Tinto's iron ore operations on PKKP lands and grants the traditional owners a stronger voice in managing their territories, with a focus on safeguarding cultural heritage and the environment. "Rio Tinto opens $2bn Western Range iron ore mine in Australia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio