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05.12.2019

Rio Tinto invests $ 1.5 bn to continue production at Kennecott copper to 2032

Rio Tinto has approved a $ 1.5 billion investment (100 % basis) to continue production at its Kennecott copper operation in the United States. The investment over the next six years will extend operations at Kennecott to 2032. The investment will further extend strip waste rock mining and support additional infrastructure development in the second phase of the South Wall Pushback project, to allow mining to continue into a new area of the ore body and deliver close to one million tonnes of refined copper between 2026 and 2032. It is a world class project that will generate attractive returns, and allow further exploration of the deposit and options for mine life extension. This additional investment will commence in 2020 and is included in our group capital expenditure guidance of $ 7.0 bn in 2020 and $ 6.5 bn in both 2021 and 2022 as development capital. With this project, Rio Tinto has invested more than $ 5.0 bn in modernisation, environmental stewardship and mine-life extension initiatives since it acquired Kennecott in 1989.

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28.11.2019

Alba becomes the largest aluminium smelter in ex-China world with the inauguration of Line 6

With the inauguration of Line 6 Expansion Project on Sunday 24 November 2019, Bahrain-based Aluminium Bahrain B.S.C. (Alba) has become the largest aluminium smelter in ex-China world. The potline was inaugurated by King Hamad Bin Isa Al Khalifa the King of the Kingdom of Bahrain. Prince Salman bin Hamad Al Khalifa, the Crown Prince, First Deputy Prime Minister and Deputy Supreme Commander were also present during the occasion.

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