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Rio Tinto to invest $1.9bn in Queensland bauxite expansion

By Frank Prenesti

Date: Friday 23 Oct 2026

(Sharecast News) - Rio Tinto will invest $1.9bn in the Kangwinan bauxite project in Queensland, Australia, adding 20m tonnes of annual production capacity as it looks to maintain its position as a leading global bauxite producer and replace ageing facilities.
First output is targeted for 2029, with full production expected by...

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