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Tech & Science Rio Tinto ticks off on $1b iron ore upgrade at oldest mine

01:05  28 november  2019
01:05  28 november  2019 Source:   theage.com.au

15 killed, 9 injured in northern China coal mine explosion

  15 killed, 9 injured in northern China coal mine explosion BEIJING (AP) — A gas explosion inside a coal mine in northern China has killed 15 miners and left another nine injured, authorities said Tuesday. The blast occurred Monday afternoon at a mine operated by the local Feng Yan Group in Shanxi province’s Pingyao county. Rescue work was halted early Tuesday morning after everyone was accounted for.

Rio Tinto has approved a $ 1 billion investment to maintain production and drive down costs at its oldest mine in the Western Australian Pilbara region as the company seeks to preserve prosperity once China's demand for iron ore subsides. The Anglo-Australian mining giant on Wednesday said

In the Pilbara region of Western Australia, Rio Tinto operates the world’s largest integrated portfolio of iron ore assets with industry-leading margins. We are well positioned to benefit from continuing demand across China and the developing world. Our premium product suite

a building with a mountain in the background: Rio Tinto is planning for a future when China demand subsides.© Supplied Rio Tinto is planning for a future when China demand subsides.

Rio Tinto has approved a $1 billion investment to maintain production and drive down costs at its oldest mine in the Western Australian Pilbara region as the company seeks to preserve prosperity once China's demand for iron ore begins to flatten.

The Anglo-Australian mining giant on Wednesday said the investment in the Western Turner Syncline Phase 2 mine, part of the company's Greater Tom Price operations in WA, would support the mining of existing and new iron ore deposits, the construction of a new crusher and a 13-kilometre conveyor.

15 killed, 9 injured in northern China coal mine explosion

  15 killed, 9 injured in northern China coal mine explosion BEIJING (AP) — A gas explosion inside a coal mine in northern China has killed 15 miners and left another nine injured, authorities said Tuesday. The blast occurred Monday afternoon at a mine operated by the local Feng Yan Group in Shanxi province’s Pingyao county. Rescue work was halted early Tuesday morning after everyone was accounted for.

Rio Tinto will invest $ 1 billion to maintain iron ore production levels at mines in Western Australia's Pilbara region to feed China's appetite for the raw The Anglo-Australian miner says the investment will boost efforts to mine existing and new iron ore deposits, as well as fund the construction of a new

Rio Tinto is a leading global mining group that focuses on finding, mining and processing the Earth’s mineral resources. Iron Ore .

It will also be used to turn half of its truck fleet into autonomous vehicles at the mine by the end of next year.

Hazelwood Power Corporation found guilty of putting workers and community at risk during 2014 mine fire

  Hazelwood Power Corporation found guilty of putting workers and community at risk during 2014 mine fire The operator of the Hazelwood Power Station has been found guilty of 10 of 12 charges of putting its workforce and nearby communities at risk in relation to the 2014 mine fire. The fire started on February 9 when two nearby bushfires spread into the open-cut coal mine and burnt for 45 days, blanketing the region in thick smoke and coal dust.A Supreme Court jury found the company did not adequately assess the risk of fire, did not have an adequate reticulated water system, failed to slash vegetation around the mine and did not take action early enough to wet down areas around the mine.

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MELBOURNE-- Rio Tinto PLC RIO , + 1 .10% has received government approval for the US$ 1 .8 billion expansion of Australia's largest iron ore mine , a cornerstone of the company's efforts to continue raising its production of the steelmaking commodity.

Rio Tinto iron ore chief executive Chris Salisbury said the investment was one of a pipeline of strategies to underpin the production of its flagship Pilbara Blend product “well into the future”.

He said the productivity push was particularly important as China approached “peak steel demand”.

After rising as high as $US120 (AUD$177) a tonne this year, the iron ore price has dipped back below $US90 (AUD$132) as global supply begins to stabilise following a mine outage in Brazil and as the ongoing US-China trade war weighs on the economy of China.

“The key focus for mining companies is to focus on the controllables - productivity and cost efficiency - so we can preserve our iron ore industry-leading margin,” he said.

The mining giant’s $1 billion investment announcement would provide an important jobs boost for WA’s north-west, with 1000 people expected to be recruited during construction, the Chamber of Minerals and Energy of Western Australia said

“This is great news for Pilbara businesses and the community at large, and a positive sign of confidence in the WA resources sector,” the chamber’s Paul Everingham said.

“It means that Rio Tinto can sustain its current workforce as well as employ an extra 1000 Western Australians to work on construction at the production hub.”

Apple buys first-ever carbon-free aluminium from Alcoa-Rio Tinto venture .
Apple buys first-ever carbon-free aluminium from Alcoa-Rio Tinto ventureThe aluminium will be shipped this month from an Alcoa research facility in Pittsburgh and used in Apple products, although the technology company did not say which ones.

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