Pilbara mining jobs growth

Pilbara mining jobs growth

WA Pilbara mining. Rio Tinto commits to further expansion of existing rail and mine developments.

Despite recent talk †by many of†our†biggest mining companies of reductions in future investment in Australia due to lower commodity prices, the European economy and China`s slow down, Rio Tinto has committed an extra $3.7 billion for projects in the Pilbara region of WA, where they are looking at long-term growth.

The bulk of the money will be spent building new berths at Rio’s Cape Lambert port, as well as duplicating rail lines and building a new gas-fired power† station at the port.

Pilbara Mining Jobs

“Today`s announcement is in line with our long-held strategy of investing in and operating long-life, low-cost, tier one assets, and consistent with our view of the economic outlook,”Ě Rio chief executive Tom Albanese said in a statement.

This spending will include expansion of an existing mine and rail and port development †to cater for an†increased production target.

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