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Rio Tinto to invest $395M in Pilbara desalination plant; reaffirms capex guidance

Jun. 02, 2023 3:12 AM ETRio Tinto Group (RIO) Stock, RTNTF Stock, RTPPF StockBy: Meghavi Singh, SA News Editor
  • Rio Tinto (NYSE:RIO) intends to invest $395M on a seawater desalination facility in the Pilbara, Western Australia, for its coastal activities and the communities in the area, which includes construction of a new supply pipeline to connect to the existing water network.

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