Rio approves development of 'intelligent' Koodaideri mine

The board of Rio Tinto has approved the development of the US$2.6 billion Koodaideri iron ore mine in the Pilbara, Western Australia

Rio approves development of 'intelligent' Koodaideri mine Rio approves development of 'intelligent' Koodaideri mine Rio approves development of 'intelligent' Koodaideri mine Rio approves development of 'intelligent' Koodaideri mine Rio approves development of 'intelligent' Koodaideri mine

Rio Tinto is to develop its most technologically advanced mine following the full approval of a US$2.6 billion investment

It comes after a US$146 million early works programme was approved in July.

Koodaideri sits around 35km northwest of Rio's Yandicoogina mine, and about 110km from Newman.

Capital...