GOLD 1563.70 $/ozChange: -1.95
PLATINUM 1433.00 $/ozChange: 9.50
R/$ exchange 8.33Change: 0.07
R/€ exchange 10.48Change: 0.07
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
 
Home
 
Breaking News
 
 
IRON ORE
Rio Tinto approves $371m automated train project
 
16th June 2008
TEXT SIZE
Text Smaller Disabled Text Bigger
 
Diversified-miner Rio Tinto will invest $371-million to automate its iron-ore railways in the Pilbara region of Western Australia, the group, which is defending itself against an unsolicited offer from rival BHP Billiton, said on Monday.

Within five years, driverless trains would be operating on most of the 1 300 km of track that serves the Pilbara operations, which would help the company to lift annual iron ore production to 320-million tons in 2012.

“This innovation will allow us to deliver more tonnes faster, to meet the continuing surge in demand for iron-ore from China and other emerging economies,” CEO Tom Albanese said in a statement.

The initiative would be the first time that automation had been used in a heavy haul railway of this scale, though the technology operated successfully on several metropolitan passenger railways worldwide, Rio Tinto said.

The driverless train roll-out formed part of a wider project to upgrade the rail network, including the introduction of 40 new-generation locomotives, extensive re-railing and a substantial reinvestment in rolling stock, including the purchase of 2 400 new ore cars over 18 months.

“Automated operations will integrate with the existing train management system and will bring efficiency gains through greater scheduling flexibility and the removal of delays,” Rio Tinto said.


Edited by: Liezel Hill

To subscribe to Mining Weekly's print magazine email subscriptions@creamermedia.co.za or buy now.

Subscribe Now Login
 
 
Topics in this article
Company Continent Country Currency
Person Province Or State