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Rio Tinto to Spend $1.9 Billion on Australian Bauxite Expansion

Rio Tinto Group will spend $1.9 billion to expand its bauxite mining operations in northern Australia, with the development of a new major mine to replace production from depleting projects.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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