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(Reuters) -Rio Tinto said on Thursday it will invest $1.8 billion to develop its Brockman Syncline 1 iron ore project in the Pilbara region of Western Australia.
The world's largest iron ore producer said the project has obtained the required approvals from both state and federal governments, and is now on track to begin producing its first ore by 2027, a year ahead of the initial schedule.
The investment underpins Rio Tinto's continued commitment to iron ore in the Pilbara region, which gener...
>>> Read more: Rio Tinto to invest $1.8 billion to develop Brockman iron ore mine in Pilbara
The world's largest iron ore producer said the project has obtained the required approvals from both state and federal governments, and is now on track to begin producing its first ore by 2027, a year ahead of the initial schedule.
The investment underpins Rio Tinto's continued commitment to iron ore in the Pilbara region, which gener...
>>> Read more: Rio Tinto to invest $1.8 billion to develop Brockman iron ore mine in Pilbara
