Rio Tinto invests $500 million for power upgrade at Pilbara in Western Australia
July 15, 2008
July 15th (Trading Markets) – Mining giant Rio Tinto Plc. said it has invested over $500 million in power generation to support its expansion of iron ore mining capacity at Pilbara in Western Australia.
The company said it will build generation and transmission infrastructure near Karratha to supply electricity to its port and mine operations.
The new power station, to be commissioned in 2010, will use natural gas turbines, resulting in a significant reduction in emission rates compared with the two steam power stations currently in operation at the Cape Lambert and Dampier ports, which will be decommissioned, it said.
As part of the investment, Rio Tinto will also build a 220 KV power line from Cape Lambert to the new power station, the company added.