Rio Tinto to Invest $1.9 Billion in Kangwinan Bauxite Project

Rio Tinto will invest $1.9 billion in the Kangwinan bauxite project in Queensland, Australia, aiming to add 20 million tonnes of annual bauxite production capacity, with first output expected in 2029 and full production by 2032. This investment will replace production from the Andoom mine and address the planned closure of the Gove mine, ensuring the future of the Weipa Operations. The company is also pursuing the acquisition of the adjacent Aurukun Bauxite Project to support its growth in the region.