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Rio Tinto's Silvergrass mine expansion given the green light


Posted by Monica Gameng

The expansion of Rio Tinto’s Silvergrass iron ore mine near Tom Price in the Pilbara has been approved by the Liberal National Government.

According to State Development Minister Bill Marmion, this expansion is expected to generate a $441 million in capital expenditure. This project will also be able to create at least 500 jobs during construction as well as an additional 25 operational jobs once the expanded mine starts operations.

8642244507_8c5efde561_z.jpgSource: Rio Tinto

“Expanding production from Silvergrass will allow Rio Tinto to sustain the quality of their Pilbara blend product and maintain current production levels.

“The expansion provides a significant boost to the Wester Australian resources sector and shows our State continues to be an attractive place for large-scale investment,” Minister Marmion said.

The proposal for the Silvergrass expansion was approved under the existing State Agreement between the State Government and Rio Tinto.

Construction is expected to begin immediately.

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Source: Government of Western Australia

Monica Gameng

Monica Gameng

Monica is a Marketing Assistant who handles blog content creation. She has a background in IT and has passion for research and writing.