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Rio Tinto pledges $2.7b to revive ageing Queensland bauxite mines

The Australian Financial Review (AFR) •
October 23, 2026 • 04:23 AM
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The miner’s Kangwinan project expansion will extend output beyond 2050, adding 20 million tonnes of annual production to underpin its Weipa operations.

Rio Tinto pledges $2.7b to revive ageing Queensland bauxite mines

Rio Tinto will spend about $2.7 billion to underpin its ageing bauxite operations on Queensland’s Cape York Peninsula, reviving its flagging output of the key aluminium ingredient as nearby mines close.

The mining giant’s commitment to the Kangwinan project will extend output from the region beyond 2050, adding 20 million tonnes of annual bauxite production capacity and securing the future of its Weipa operations.

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