RIO Tinto Limited
(ASX:RIO) has released further details about its key mineral resources projects for the 2016 calendar year.
The leading global metal and mining company saw a 57 mega tonne (MT) increase in its Pilbara iron Ore Reserves in Western Australia (WA).
Its mine in Jadar, Serbia saw a 16% mineral resources increase from 2015 to 2016.
Its Argyle Diamond mine in the East Kimberly in WA experienced a 29 mega tonne (MT) drop in mineral resources from 2015 to 2016.
RIO Tinto saw a 24% drop in Mineral Resources at its 59% owned Iron Ore Company of Canada (IOC)'s mines (from 2015 to 2016).
RIO Tinto Limited
(ASX:RIO) reported US$4.8 billion net profit after in the 2016 calendar year.
