Rio Scraps Multi Million Dollar Expansion
Published on May 6, 2010 by
Rio Scraps Multi Million Dollar Expansion – Rio Tinto has raised the stakes in the mining industry’s fight with Kevin Rudd over his new super tax by shelving its $11 billion expansion plans in Western Australia. In a fresh blow to the Prime Minister’s tax reform plans, the mining giant said it would withdraw its [...]
Tags: Bhp Billiton, Coal Projects, Dollar Expansion, Energy Prices, Expansion Plans, Industry Executives, Iron Ore, kevin rudd, Massive Iron, Mining Industry, New South Wales, Origin Energy, Power Plants, Profit Tax, Retail Energy, rio tinto, Scraps, Tax Reform, Viability, Western Australia
Posted in Money, Politics
No Comments