Articles from Rio Tinto

Rio Tinto will today hold its 2024 Investor Seminar in London, where it will provide updates on its strategy of investing for a stronger, more diversified and growing portfolio to ensure the long-term delivery of attractive shareholder returns.

Rio Tinto has entered into a partnership agreement with the Swedish investment company Vargas, Mitsubishi Corporation and other international and local industry partners to study a low carbon aluminium greenfield opportunity in Finland.

Rio Tinto and Sumitomo Metal Mining (SMM) have signed a Term Sheet for a Joint Venture to deliver the Winu copper-gold project, located in the Great Sandy Desert region of Western Australia.

Rio Tinto today published the findings of an independent, external Progress Review on its work to deliver sustained workplace cultural change across its global operations.

Rio Tinto notes the announcement today by Energy Resources of Australia Ltd (ERA) in relation to the conclusion of its entitlement offer and shortfall bookbuild, which raised A$766.5 million (before costs) to fund planned rehabilitation activities of the Ranger Project Area.

Rio Tinto, Bougainville Copper Limited and the Autonomous Bougainville Government (ABG) have signed a Memorandum of Understanding (MoU) to form a Roundtable to address the findings of the Panguna Mine Legacy Impact Assessment (PMLIA).

Rio Tinto has committed $16 million to the Makira Natural Park REDD+1 Project in northern Madagascar, through a new partnership with the Wildlife Conservation Society (WCS) and Everland. This commitment complements Rio Tinto’s investment in nature-based solutions in the south-east of the country.

Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to help accelerate GravitHy’s steel decarbonisation project in France. As part of this collaboration, Rio Tinto will supply high-grade direct reduction iron ore pellets from its Iron Ore Company of Canada (IOC) operations to GravitHy’s planned operation, as well as manage the sales and marketing of ultra-low carbon Hot Briquetted Iron (HBI) GravitHy produces.

Rio Tinto has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah, bringing the mine’s total solar capacity to 30MW.

Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia.

Rio Tinto’s previously announced acquisition of Sumitomo Chemical Company’s (SCC’s) 20.64% interest in New Zealand Aluminium Smelters (NZAS) was completed on 1 November 2024. NZAS owns and operates the Tiwai Point aluminium smelter in New Zealand.

Rio Tinto has completed the transition from conventional to renewable diesel for all heavy mining equipment at its Kennecott copper mine in Utah, giving the mine one of the lowest carbon footprints of any copper producer in the United States.

Rio Tinto is deeply saddened to confirm that an employee from a contracting company has died following an incident on Saturday at the SimFer port site on the Simandou project in Morebaya, Guinea.

Rio Tinto Chief Executive Jakob Stausholm said: “We continue to strengthen our operations, with the roll-out of the Safe Production System delivering consistent production at our Pilbara iron ore business and a step change from our Australian bauxite mines. We are building on this, with more work to do across our global portfolio.

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Rio Tinto today confirmed that it has made an approach to Arcadium Lithium regarding a potential acquisition of Arcadium Lithium by Rio Tinto.

Rio Tinto has launched its 2024 Beyond Rare™ Tender, the second in its Art Series offering, showcasing 48 lots of extraordinarily rare masterpieces of nature from its diamonds business.

Rio Tinto’s previously announced acquisition of Mitsubishi Corporation’s (Mitsubishi) 11.65% interest in Boyne Smelters Limited (BSL) was completed on 30 September 2024. BSL owns and operates the Boyne Island aluminium smelter in Gladstone, Australia.

Rio Tinto is hosting a site visit for the financial community this week to its Aluminium and Iron & Titanium operations in Quebec, Canada.

Rio Tinto will develop Pongamia seed farms in Australia as part of a new biofuels pilot. The project will explore the potential of Pongamia seed oil as a feedstock for renewable diesel, a cleaner alternative to traditional fossil fuels.

Art enthusiasts from Western Australia and beyond are invited to experience the stories and culture of Pilbara Aboriginal artists at the annual Colours of our Country exhibition.

Rio Tinto’s Iron Ore Company of Canada (IOC) is celebrating its 70th anniversary, marking seven decades as a leading North American producer and exporter of premium iron ore pellets and high-grade concentrate. Over its history, IOC has been a pioneer in responsible iron ore production, making substantial contributions to the economy and local communities. This milestone reflects a legacy of innovation, excellence, and enduring commitment to the Labrador Trough region.

The Queensland Government and Rio Tinto will work together to safeguard a pillar of the State’s heavy industrial manufacturing base around Gladstone under a partnership to support investment in renewable energy projects.

Rio Tinto (LSE:RIO) (ASX:RIO):

Rio Tinto and Aymium have formed a new joint venture named Évolys Québec Inc. to manufacture a renewable metallurgical biocarbon product to reduce carbon emissions in large scale industrial processes. This biocarbon, sourced from biomass residues, offers an alternative for anthracite currently used in ilmenite smelting processes at Rio Tinto’s metallurgical complex in Sorel-Tracy.