RIO News: Rio Tinto (RIO) to Invest $395M in Water Desalination Plant - 2nd Jun 2023, 9:26pm

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Rio Tinto RIO announced intentions to invest $395 million in a saltwater desalination plant in the Pilbara region of Western Australia. This project will use reverse osmosis to filter salt and other impurities from ocean water and provide a future water supply for RIO's coastal operations and local communities in 2026.

The project is subject to Commonwealth and State Government and other relevant approvals. The plant’s construction is projected to start in 2024 and is anticipated to be o...

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