Rio Tinto Lifts Suspension on RBM’s Zulti South Project, Secures Mine Life to 2050
Rio Tinto Approves R8.5 Billion Zulti South Project to Extend Richards Bay Minerals Mine Life to 2050 Rio Tinto has approved the development of Richards Bay Minerals’ (RBM) Zulti South project, formally lifting the suspension that has been in place since January 2020. The approximately R8.5 billion (US$473 million) investment is designed to extend the operation’s mine life to 2050 and ensure long-term production stability. Richards Bay Minerals currently operates within the Zulti North lease area, which includes a mineral separation plant and smelting facility. As the orebody at Zulti…
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