Rio Tinto invests USD 1.9 billion in Kangwinan bauxite project in Queensland
Bitget2026/10/22 21:34- Rio Tinto will invest USD 1.9 billion in the Kangwinan bauxite project in Western Cape York, Queensland.
- The project adds 20 million tonnes of annual capacity, with first output targeted in 2029 and full production expected by 2032.
- Kangwinan will replace the aging Andoom mine, increasing Weipa’s annual capacity to about 44 million tonnes from around 38 million tonnes.
- It will also help offset the planned closure of the Gove mine in the Northern Territory in 2029.
- Construction will ramp up in 2027, supporting more than 1,300 construction jobs.
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