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Monday, 22 August 2011

Rio Tinto hands out Construction Contract

Rio Tinto handed out more Contracts for Construction of its new $1.15 billion Downs 4 Mines. Its looks ahead to up Iron ore output to 333 million tonnes a year by 2015 from Pilbara,
The Anglo-Australian mining said it had given contracts worth about $184 million to two joint ventures with indigenous Australians for work at the mine site.
Rio said more than $700m had been awarded to Aboriginal contractors under its expansion program.

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