Rio Tinto to Spend $1.9 Billion on Australian Bauxite Expansion

Rio Tinto Group will spend $1.9 billion to expand its bauxite mining operations in northern Australia, with the development of a new major mine to replace production from depleting projects.

Rio Tinto Group will spend $1.9 billion to expand its bauxite mining operations in northern Australia, with the development of a new major mine to replace production from depleting projects.