Commodities

Rio Seeks to Almost Double Bauxite Output From Queensland Mine

Rio Tinto Group is conducting early works and final studies to potentially almost double bauxite production from its Amrun project in far north Queensland by 2029.

The world’s second-biggest miner is seeking to develop a new project called Kangwinan, it said Bloomberg TerminalThursday. Its output would replace that of the Andoom and Gove mines, which are both expected to close by the end of this decade.