Indoor rainforest maker to transform former Australian coal mine
UK-based charity The Eden project has partnered with Alcoa to build a $150 million eco-tourism attraction at the company’s former Anglesea coal mine in Australia.
Even with significant ore bodies coming on stream from 2015 onwards in Brazil (Anglo’s Minas Rio and Vale’s Serra Sul), Australia will be able to keep its crown in this commodity kingdom thanks to Rio, say analysts.
Diversified mining giant Rio Tinto (ASX:RIO) produced a record amount of iron ore in 2012 with total annual output of 253 million tonnes beating the company's own guidance.