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0 0 -0.000934967795553744 -0.000934967795553744 0.000623311863702496 0.0020777062123416 0.00238936214419285 -0.00353210056098071
Stock impact report

Rio Tinto Restart At Zulti South Extends Mineral Sands Supply Story [Yahoo! Finance]

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
Company Research Source: Yahoo! Finance
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Rio Tinto Group (LSE:RIO) is resuming the Zulti South project at Richards Bay Minerals in South Africa after a suspension that started in January 2020. The company plans to invest $473 million in the restart, with the project expected to extend the operational life of Richards Bay Minerals through to 2050. The decision affects Rio Tinto's mineral supply plans, regional footprint, and long-term role in critical raw materials. Rio Tinto is a global mining group with exposure to iron ore, aluminium, copper, and other industrial and critical minerals. The restart of Zulti South adds another piece to its portfolio of long-life assets, at a time when many governments and manufacturers are focusing on securing raw materials for energy transition and industrial supply chains. For you as an investor, this kind of long-dated project can influence how stable a company's production Show less Read more
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