Rio Tinto will close the Argyle diamond mine

Abstract Rio Tinto's closure of the Aygyle diamond mine in Western Australia is imminent. Rio Tinto CEO Jean-Sebastien Jacques confirmed the news. He said that the Argyle diamond mine is for...

Rio Tinto's closure of the Aygyle diamond mine in Western Australia is imminent.

Rio Tinto CEO Jean-Sebastien Jacques confirmed the news. He said that the Argyle diamond mine is definitely a miracle for Rio Tinto.

Although Rio Tinto had previously said that the mine would be closed in 2020, it may be earlier. Xia Jiesi said that it is not good to determine the closing time now, Rio Tinto will decide when to close according to market conditions. I hope to find a new discovery that will allow Argyle to continue mining.

Rio Tinto has communicated with Argyle Diamond miners, local communities and the Western Australian government on mine closures.

The Argyle diamond mine has been in production since 1983, and its output reached 40% of the world's diamond production at the peak, with hundreds of employees. The Argyle pink diamond is a rare diamond, but its content is less than 0.1% of the diamond.

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