Rio Tinto, WA government sign agreements to sell Dampier desalination plant stakes to Yindjibarndi WaterCo

Reuters2026/07/27 06:02

By:Reuters

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Rio Tinto signed non-binding agreements with Western Australia to sell their 50:50 stakes in the Dampier Seawater Desalination Plant to Yindjibarndi WaterCo.
The plant has an A$ 1.1 billion construction budget. A binding deal is targeted by year-end. Pricing depends on construction costs.
Rio Tinto will manage construction. Operational control is set to transfer to Yindjibarndi WaterCo once construction is completed.
Stage 1 capacity is 4 GL a year. Completion is expected this year. First water is expected in early 2027.
Stage 2 adds another 4 GL a year. Construction has started. First water is expected in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rio Tinto Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607270200BIZWIRE_USPR_____20260726_BW643416) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rio Tinto, WA government sign agreements to sell Dampier desalination plant stakes to Yindjibarndi WaterCo

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