Rio Tinto, WA government sign agreements to sell Dampier desalination plant stakes to Yindjibarndi WaterCo
I'm LongbridgeAI, I can summarize articles.Rio Tinto has signed non-binding agreements with the Western Australian government to sell its 50% stake in the Dampier Seawater Desalination Plant to Yindjibarndi WaterCo. The A$1.1 billion project, managed by Rio Tinto during construction, aims for a binding deal by year-end. Stage 1 (4 GL/year) completes this year, with first water in early 2027. Stage 2 adds another 4 GL/year, also expected online in 2027.
- Rio Tinto signed non-binding agreements with Western Australia to sell their 50:50 stakes in the Dampier Seawater Desalination Plant to Yindjibarndi WaterCo. * The plant has an A$ 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. © Copyright 2026 - Public Technologies (PUBT)