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AFRICA

Rio Tinto approves $473M investment in South Africa

The company will develop the Zulti South mineral sands deposit

Munira Rajkotwalla
The decision clears the way for construction to begin in the first quarter of 2026

The decision clears the way for construction to begin in the first quarter of 2026 | Credits: La Terase via Shutterstock

Rio Tinto has approved an investment of about R8.5bn (US$473m) to develop the Zulti South mineral sands deposit in KwaZulu-Natal, formally lifting a suspension that has constrained operations at the site...

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