Rio Could Fast-Track Key Australia Copper Find Before U.S. Asset
- Potential for Winu discovery to move quickly into production
- Co.’s copper CEO says to start examining other nearby targets
Photographer: Munshi Ahmed/Bloomberg
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Rio Tinto Group’s much-followed copper discovery in remote Western Australia could leapfrog a key U.S. project to be fast-tracked into production by the world’s No. 2 miner, according to a senior executive.
Work is progressing to assess the size and quality of the Winu exploration project in the Paterson province in the state’s north, Copper and Diamonds Chief Executive Officer Arnaud Soirat said after visiting the discovery for the first time this month.