Rio Tinto, partners to invest $733m in Pilbara iron-ore sustaining project
Diversified miner Rio Tinto and its partners in the Robe River joint venture (JV), Mitsui and Nippon Steel, will invest $733-million to develop the West Angelas sustaining project, in Western Australia's Pilbara region.
The project, which will create about 600 jobs during construction, entails the development of new iron-ore deposits in the West Angelas hub, with the aim to sustain the hub's production capacity at 35-million tonnes a year.
It will also help to sustain employment at the hub at about 950 full-time-equivalent jobs.
Rio Tinto, which will contribute $389-million to the project's development, notes that all necessary state and federal government approvals have been approved.
"The West Angelas sustaining project is built on strong and committed partnerships, both with the JV members Mitsui and Nippon Steel, as well as the Yinhawangka and Ngarlawangga Peoples.
"The West Angelas hub has been an integral part of Rio Tinto Iron Ore since 2002. Securing these approvals ensures ongoing investment in the hub as we continue to supply high-quality, reliable iron-ore to meet our global customers' demand now and into the future," comments Rio Tinto Iron Ore CE Matthew Holcz.
Ore mined at the new deposits will be autonomously trucked to the West Angelas hub, with first ore scheduled for 2027.
The West Angelas sustaining project will also include the construction of new non-process infrastructure precincts and 22 km of haul roads.
The project is part of Rio Tinto’s tranche of replacement projects that underpin the company’s ongoing commitment to the Pilbara, and which will have combined total capacity of about 130-million tonnes a year.
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