Iron ore giant releases massive Pilbara plans
MINING powerhouse Rio Tinto has released detailed plans for a massive new $3.5 billion iron ore project, seeking public comment for what would be one of the Pilbara’s biggest mining developments. Lying 110km northwest of Newman, Rio’s Koodaideri project would export up to 35 million tonnes of iron ore per annum across a 30-year mine life. A planned site ramp-up by 2030 would see this initial figure increase to 70mtpa. Impacting the multibillion-dollar price tag, Rio’s plans emphasised the need for a new 165km rail system linking the site to its existing Tom Price-Dampier line. New roads, power supplies, water infrastructure and accomodation facilities would also need to be arranged, with estimated workforce figures totalling 2000 employees for the project…