Rio plans $10bn expansion

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.

nyse:rio pilbara Company News

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