
Rio Tinto Iron Ore: a new benchmark
Rio’s new Koodaideri project would feature the latest in automation. Image: Rio Tinto RIO Tinto’s Iron Ore business has a big year ahead of it, as construction at Koodaideri begins, and the benefits start to roll in from a rising iron ore price; an outcome of Vale’s recent dam disaster. For Rio Tinto, its principal focus for the near-term was development of its $3.5 billion Koodaideri project, a replacement for depleting capacity across its Pilbara operations. Koodaideri – approved by the board late November – will be Rio’s most technologically advanced mine to date featuring a digital replica of the processing plant accessible in real time, fully integrated mine automation and simulation systems, and much more. The 43 million tonnes…