Rio Tinto to go ahead with $1.9 billion bauxite project in Australia

[caption id="attachment_839615" align="aligncenter" width="600"] Rio Tinto Aluminium Weipa celebrated 50 years of operations in 2013. (Image courtesy of Rio Tinto)[/caption] Rio Tinto (LON:RIO), the world’s second-largest mining group, has approved a $1.9 billion bauxite project in Australia, bucking a trend...