Rio enters iron-ore infrastructure expansion agreement with NRW

Diversified giant Rio Tinto has entered into a framework agreement with ASX-listed project house NRW Holdings to expand its Pilbara iron-ore infrastructure capacity to 333-million tons a year.

NRW said in a statement that the agreement formalised the ongoing long-term relationship between the two companies, and placed NRW in a preferred contractor position for two streams of earthworks consisting of project-specific contracts, over the next five years.

Mining Weekly reports:

The projects covered under the framework agreement formed part of Rio’s expansion of its Western Australian operations to a capacity of 333-million tons a year, by the first half of 2015.