DMPR welcomes Rio Tinto’s investment in Zulti South project
The Department of Mineral and Petroleum Resources (DMPR) has welcomed the announcement by mining giant Rio Tinto that its subsidiary Richards Bay Minerals (RBM) will proceed with an R8.5-billion investment in the Zulti South project, in KwaZulu-Natal. In a media release, the department says this significant capital commitment signals renewed investor confidence in South Africa’s mineral resources sector and enhances collaboration between industry, government and host communities.
The Department of Mineral and Petroleum Resources (DMPR) has welcomed the announcement by mining giant Rio Tinto that its subsidiary Richards Bay Minerals (RBM) will proceed with an R8.5-billion investment in the Zulti South project, in KwaZulu-Natal. In a media release, the department says this significant capital commitment signals renewed investor confidence in South Africa’s mineral resources sector and enhances collaboration between industry, government and host communities.
What's Your Reaction?
theprofiler
A profiler of note
