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Rio Tinto agrees to buy Aurukun bauxite project in Queensland

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  • Rio Tinto agreed to buy Aurukun from a Glencore-led joint venture with Mitsubishi Development.
  • 8 million dry metric tonnes is the project’s proposed maximum annual output.
  • Aurukun has a mineral development licence but no mining lease, pending regulatory clearances.
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Rio Tinto agrees to buy Aurukun bauxite project in Queensland - CoinPost Terminal