9,317.24 TRY BIST 100 BIST 100
5.24 CNY CNY CNY
43.29 EUR EUR EUR
38.18 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
46.35 TRY Interest Interest
67.02 USD Fossil Oil Fossil Oil
40.44 USD Silver Silver
4.76 USD Copper Copper
98.08 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,152.75 TRY Gold (gr) Gold (gr)

Rio Tinto to expand capacity at Gudai-Darri iron ore mine

Rio Tinto aims to increase production capacity at its recently commissioned iron ore mine, Gudai-Darri, to 50 million tonnes a year at a cost of about $70 million (A$130 million) through productivity improvements.

Rio Tinto to expand capacity at Gudai-Darri iron ore mine

The $3.1 billion Gudai-Darri mine in Western Australia's Pilbara region began production last year, reaching its planned capacity of 43 million tonnes per annum in less than 12 months from first ore.

The planned capacity increase will be achieved through upgrades to the plant, including chutes and conveyor belts, as well as utilising an existing additional crushing and screening plant already on site.

The larger operation will require additional mining fleet, including haul trucks and backhoes, as well as a small expansion of product stockpiles. The capacity expansion is subject to environmental, heritage and other relevant approvals.

Matthew Holcz, General Manager of Rio Tinto Iron Ore Pilbara Mines said, "What we learnt during the rapid ramp-up of Gudai-Darri has given us the confidence to find better ways to increase capacity at our newest and most technologically advanced mine. Instead of taking a capital-intensive approach to replicate existing infrastructure, we have now identified a low-capital path to increase capacity to 50 million tonnes per year."

The capital intensity of any increase in Gudai-Darri's capacity is expected to be about $10 per tonne.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

EDO and Jiangsu Changbao Steel Tube join forces for domestic pipe production in Oman

Monday, April 21, 2025

Solb Steel adds to its strategic partnerships

Monday, April 21, 2025

Nigeria and South Africa forge partnership in mining sector

Monday, April 21, 2025

AGPC reinforced its strength with 500 thousand tons of steel pipe production

Monday, April 21, 2025

Çolakoğlu Metalurji takes its place at Made in Steel 2025

Monday, April 21, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now