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https://thewest.com.au/business/mining/jobs-boost-as-rio-tinto-gr...

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    https://thewest.com.au/business/min...35b-pilbara-mine-at-koodaideri-ng-b881035360z

    “Jobs boost as Rio Tinto green lights new $3.5b Pilbara mine at Koodaideri
    Stuart CondieAAP
    Thursday, 29 November 2018 6:48AM

    Rio Tinto has given the green light for a $3.5 billion investment in its new Koodaideri iron ore mine, replacing depleted capacity elsewhere and creating 600 permanent jobs in WA

    Construction on the project will start in 2019, with first production in late 2021.

    The mine will have an annual capacity of 43 million tonnes — 7.5 per cent above initial estimates — and it will underpin the mining giant’s flagship Pilbara blend iron ore.

    Rio said the highly automated mine will be Rio’s lowest-cost contributor to the Pilbara blend, and increase the higher-value lump component from a current average of 35 per cent to about 38 per cent.

    “Koodaideri is a game-changer for Rio Tinto,” Rio Tinto chief executive Jean- Sebastien Jacques said in a statement on Thursday.

    “It will be the most technologically advanced mine we have ever built and sets a new benchmark for the industry in terms of the adoption of automation and the use of data to enhance safety and productivity.”
 
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