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Rio Tinto, Gina Rinehart open new Hope Downs mine

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The joint venture between Rio Tinto and Gina Rinehart's Hancock Prospecting is set for a major technology overhaul as the two iron ore miners unveiled a new mine at their Hope Downs operations.

Development of the new Baby Hope deposit will be accompanied by 28 haul trucks and three production drills being retrofitted with autonomous technology, allowing the miners to increase productivity across the broader Hope Downs operations.

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Robert writes on companies and markets. He is a former New York and Shanghai correspondent, and has worked in Hong Kong. Email Robert at robertguy@afr.com.au

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    Original URL: https://www.afr.com/companies/mining/rio-tinto-gina-rinehart-open-new-hope-downs-mine-20181005-h16a2y