Australia OKs $1B Rio Tinto Mine, With Conditions

By Karlee Weinmann (May 16, 2013, 4:44 PM EDT) -- Rio Tinto Group on Wednesday won approval for a $1 billion bauxite mining project from Australian regulators after more than a year of delays, provided the company matches dozens of restrictions imposed by the government to safeguard marine life and the sprawling Great Barrier Reef....

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