Mining giant Rio Tinto has awarded contracts worth $1.38 billion for the development of the Amrun bauxite mine project. Of these, Queensland suppliers have received nearly two-thirds, amounting to $900 million, of the contracts. More than 500 companies have been associated with the project in the state.
The project, in Cape York Peninsula, includes the development of a mine, processing plant and bauxite stockpiles, warehouses, a power station and new barge, ferry and ship loading facilities. It is expected to substitute the East Weipa bauxite mine.
The volume of bauxite to be exported from Cape York following the development of the mine is forecast to surge by nearly 10 million tonnes a year. Production and shipping is expected to kick-off in the first half of 2019. Continue Reading →