The company aims to increase production at its Gudai-Darri iron ore mine in Western Australia by 16% and is considering investing $70 million to increase output to 50 million tons per year.
Since 2022, the Gudai-Darri mine has reached a very high annualized capacity of 43 million tons in less than 12 months.
Matthew Holcz, Managing Director of Rio Tinto Iron Ore Pilbara Mines, said: "What we have learned during the rapid development 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 identified a low-capital path to increase capacity to 50 million tons per year."
The company's main goal is to increase the mine's production capacity. It can only do this with chutes and conveyor belts. Rio Tonto's other goal is to utilize an existing crushing and screening plant in addition to these activities.
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