MANAGEMENT

Rio approves development of 'intelligent' Koodaideri mine

The board of Rio Tinto has approved the development of the US$2.6 billion Koodaideri iron ore mine

Kristie Batten
Rio Tinto is to develop its most technologically advanced mine following the full approval of a US$2.6 billion investment

Rio Tinto is to develop its most technologically advanced mine following the full approval of a US$2.6 billion investment

It comes after a US$146 million early works programme was approved in July. Koodaideri sits around 35km northwest of Rio's Yandicoogina mine, and about 110km from Newman. Capital costs had previously...

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