Rio Tinto Plans to Raise Amrun Bauxite Output as Other Mines Close

Dow Jones
05-22
 

By Rhiannon Hoyle

 

Rio Tinto said Thursday it is conducting final engineering studies and early works to raise production capacity at the Amrun bauxite mine in Australia's Queensland state.

The Kangwinan project would comprise a new mine and port expansion, allowing Rio Tinto to almost double bauxite production from its Weipa Southern operations, where Amrun is located. Rio Tinto said it targets first production around 2029.

The project is aimed at ensuring Rio Tinto has enough bauxite supply for its Australian alumina refineries and customers. Production from the Kangwinan project would replace output from the Andoom mine in Queensland and the Gove mine in Australia's Northern Territory, which are expected to close toward the end of the decade, the company said.

The alumina Rio Tinto makes, at refineries in Queensland, is turned into aluminum at smelters across Australia and New Zealand.

Rio Tinto said it intends to make a final investment decision on the project in 2026.

The proposal would add up to 20 million metric tons of bauxite production capacity to the Weipa Southern operations. The current capacity is around 23 million tons. Approved early works include a camp for construction workers and an access road, Rio Tinto said.

 

Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com

 

(END) Dow Jones Newswires

May 21, 2025 23:33 ET (03:33 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10