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    Rio plans $10bn expansion

    Investing News Network
    Oct. 19, 2010 09:38AM PST
    Base Metals Investing

    The Australian reports that Rio (NYSE:RIO) is planning a sizeable expansion to its’ operations in the C, committing   $10bn + to the project. They expect that the board will approve the first stage only, initially. The story is quoted as saying: As reported in The Australian in August, Rio has said it planned to approve the […]

    The Australian reports that Rio (NYSE:RIO) is planning a sizeable expansion to its’ operations in the C, committing   $10bn + to the project. They expect that the board will approve the first stage only, initially.

    The story is quoted as saying:

    As reported in The Australian in August, Rio has said it planned to approve the $US10bn-plus expansion of its Pilbara iron ore mines, railways and ports by the end of this year.

    For the full story, click here.

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