ASX Blue Chip Mining Giant in a Defiant Mode

ASX Blue Chip Mining Giant in a Defiant Mode

Veye - Between Bulls & Bears Veye - Between Bulls & Bears

Veye - Between Bulls & Bears

Between Bulls & Bears

发布日期: 2025年3月12日
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This ASX 100 company, one of the top growth stocks is resisting the general fall in the markets. Having strong fundamentals, it has established its place among the best growth stocks to buy now

Rio Tinto Limited (ASX: RIO)

Rio Tinto Limited (ASX: RIO) has announced a $1.8 billion investment to develop the Brockman Syncline 1 (BS1) mine extension in Western Australia’s Pilbara region. This project, which has secured all necessary government approvals, will extend the life of the Brockman iron ore operations and sustain Rio Tinto’s global supply. The BS1 development will have a processing capacity of up to 34 million tonnes per annum (Mtpa) and is expected to begin production in 2027, a year earlier than previously planned. Construction will commence this year and will include a new primary crusher, overland conveyor, and infrastructure to support operations.

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