June 20 (Reuters) - Rio Tinto PLC RIO.L :
- RIO TINTO INVESTS TO STRENGTHEN US COPPER SUPPLY
- RIO TINTO IS INVESTING IN ITS KENNECOTT OPERATION NEAR SALT LAKE CITY, UTAH
- $498 MILLION OF FUNDING APPROVED TO DELIVER UNDERGROUND DEVELOPMENT AND INFRASTRUCTURE FOR AN AREA KNOWN AS NORTH RIM SKARN
- A $300 MILLION REBUILD IS ALSO UNDERWAY AT KENNECOTT SMELTER
- ALL ABOVE INVESTMENTS ARE ALREADY INCLUDED IN RIO TINTO'S SHARE OF CAPITAL INVESTMENT GUIDANCE FOR 2023 TO 2025
- PRODUCTION FROM NRS WILL COMMENCE IN 2024 AND IS EXPECTED TO RAMP UP OVER TWO YEARS
- PRODUCTION FROM NRS TO DELIVER AROUND 250 THOUSAND TONNES OF ADDITIONAL MINED COPPER OVER NEXT 10 YEARS ALONGSIDE OPEN CUT OPERATIONS
News: RIO Rio Tinto Says It Is Investing To Strengthen US Copper Supply
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Last
$117.23 |
Change
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Mkt cap ! $43.51B | |||
| Open | High | Low | Value | Volume |
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| 1 | 9 | $117.02 |
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| Price($) | Vol. | No. |
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| $117.23 | 445 | 2 |
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