# Rio Tinto and Gemco Rail to build iron ore rail car facility in Karratha

Rio Tinto will partner with Gemco Rail to establish the first iron ore rail car manufacturing and maintenance facility in Karratha, Pilbara. Rio Tinto will invest approximately A$150 million to purchase 100 locally built ore rail cars over six years.

- Type: Partnership
- Announced: 2023-06-12
- Where: Karratha, Pilbara, Western Australia, Australia
- Value: $100.0M (150.0M AUD)
- Status: announced
- Products: iron ore rail cars, ore car bearings
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Rio Tinto](https://endata.com/companies/4215.md)
- [Gemco Rail](https://endata.com/companies/70796.md) (partner)
- [Qiqihar Railway Rolling Stock](https://endata.com/companies/70797.md) (partner)

## Sources

- [stocks.observer-reporter.com](https://stocks.observer-reporter.com/observerreporter/article/bizwire-2023-6-13-rio-tinto-to-bring-rail-car-manufacturing-to-the-pilbara), 2023-06-13: "We aim to create enduring partnerships that generate positive impacts in the regions where we operate and are proud to be leading the way in bringing iron ore car manufacturing and maintenance to the Pilbara."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
