Rio Tinto commits $1.9bn for Queensland’s Kangwinan bauxite project
2026-10-23
Rio Tinto has committed $1.9 billion to develop the Kangwinan bauxite project in Queensland, Australia, a brownfield expansion poised to add 20 million tonnes per annum of bauxite capacity. This significant investment aims to secure the long-term future of the company's Weipa Operations, replace declining production from older mines, and enhance the efficiency of its global aluminium value chain, with first output expected in 2029 and full production by 2032. The project underscores Rio Tinto's strategic commitment to bauxite supply, supporting both international markets and local alumina refineries, while also generating substantial economic benefits for the region.
