Providing high-quality products and mining solutions for customers
Rio Tinto approves A$180 million investment in the Norman Creek project
所属分类：
Release time：2025-08-08
source：
author：
This project is expected to have about half of Amrun's published ore reserves, approximately 978 million tons.
Rio Tinto announced an investment of A$180 million (US$116.9 million) to launch the Norman Creek access project at its Amrun bauxite mine in Queensland, Australia. This project is crucial for the long-term sustainability of the mine, which holds approximately half of the announced Amrun ore reserves, about 978 million tonnes. Major infrastructure construction has commenced, including a 19-kilometer haul road, employee accommodation, and a communications tower. Norman Creek is expected to commence production in 2027, with project completion anticipated in 2028.
The Norman Creek project is part of a broader initiative by Rio Tinto to strengthen its bauxite operations. Armando Torres, Managing Director of Rio Tinto Pacific Aluminium, stated: “Norman Creek is another significant step in ensuring the long-term future of our Weipa operations and the benefits the mining industry brings to the region, Queensland and national communities. "It will sustain jobs in the region for at least the middle of this century, ensuring continuity for our people and the Weipa community." "The decision to approve Norman Creek reflects the quality of the world-class bauxite deposit at Cape York, coupled with strong operational improvements at Amrun by our people, which has enhanced our confidence to make this long-term investment." The company has also initiated early works and a definitive feasibility study for the Kangwinan project, aimed at boosting Amrun’s production capacity. If successful, the Kangwinan bauxite mine would add 20 million tonnes to the current 23 million tonnes annual production and expand export capacity through the Amrun port.
Named by traditional owners, the Wik Waya people, Kangwinan is expected to replace the output of the closed Andoom and Gove mines by the end of the century, with first production anticipated as early as 2029. The investment in Norman Creek will be accounted for as replacement capital in line with the group’s capital guidance. Despite these forward-looking projects, Rio Tinto still faces financial challenges.
The company reported a 22% drop in net profit to US$4.53 billion (£3.37 billion) in the first half of 2025, down from US$5.81 billion in the same period last year. This is attributed to lower commodity prices, increased capital expenditure, and tariffs. Additionally, earnings before interest, taxes, depreciation, and amortization (EBITDA) fell from US$12.09 billion to US$11.55 billion, while net cash from operating activities saw a slight decrease to US$6.92 billion, a 1.9% drop.
Related Documents
RELATED INFORMATION
- All
- Product Management
- News
- Introduction
- Enterprise outlets
- FAQ
- Enterprise Video
- Enterprise Atlas
Enter your needs and search for more solutions!
E-mail: mgjx@gzxcmg.com
Telephone: +86 18785773080
Address: No. 2213, Building 2, Huaguoyuan International Financial Street, Nanming District, Guiyang City, Guizhou Province
Focus on us
Copyright © Guizhou Mige Machinery Equipment Co., Ltd 2025 (gzxcmg.com) All Rights Reserved. Website Construction:China Enterprise Power Guiyang
- All
- Product Management
- News
- Introduction
- Enterprise outlets
- FAQ
- Enterprise Video
- Enterprise Atlas
Key words: mining machinery |Mining Equipment