• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    market news

    Rio Tinto’s US$338 million Silvergrass iron ore mine officially open

    Melissa Shaw
    Aug. 30, 2017 09:39AM PST
    Base Metals Investing

    Rio Tinto today officially opened its Silvergrass iron ore mine in Western Australia. The US$338 million project is the 16th mine at Rio Tinto’s world-class iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto’s premium Pilbara Blend product. Rio Tinto chief executive J-S Jacques said: “Silvergrass is a great example of …

    Rio Tinto today officially opened its Silvergrass iron ore mine in Western Australia.
    The US$338 million project is the 16th mine at Rio Tinto’s world-class iron ore operations and will produce low-phosphorous ore crucial to maintaining Rio Tinto’s premium Pilbara Blend product.
    Rio Tinto chief executive J-S Jacques said:

    “Silvergrass is a great example of our value-over-volume approach in action as the mine will deliver the high-quality, low-cost ore used to maintain the world-class premium Pilbara Blend product our customers love so much.
    Silvergrass is a further demonstration of our long-standing commitment to the Pilbara region in Western Australia where we’ve invested more than US$20 billion over the past decade.”

    West Australian Premier Mark McGowan today led the formalities at a ceremony in the Pilbara to mark the opening, with full commissioning scheduled before the end of the year.
    Click here to read the full text release.

    western australiamarket newsaustralia
    The Conversation (0)

    Go Deeper

    AI Powered
    Two businesspeople shaking hands over a desk with documents and a tablet.

    MinRes Pens Joint Venture with Traditional Owners for Onslow Iron Project

    Rio Tinto

    Latest News

    Quarterly Activities Report

    Quarterly Appendix 5B Cash Flow Report

    $2.48M Capital Raise to Accelerate Drilling at Mt Solitary

    Quarterly Activities and Cashflow Report

    Acquisition of Option to Buy Lepidico's Interest in Karibib Lithium, Rubidium and Cesium Project in Namibia - Update

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES