Monday, February 22, 2010

Rio Tinto's Pilbara Iron Ore Project Starts Production

Rio Tinto Ltd's billion-dollar Mesa A/Warramboo mine in Western Australia has begun producing iron ore more than two years after construction began on the project. Rio has a 53 per cent stake in the mine.

Initial production of 20 million tonnes per annum will increase to 25 million tonnes by 2011, the company said. The deposit is estimated to have high-grade reserves of 249 million tonnes, with a mine life of 11 years.

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