Rio Tinto has today been confirmed as the preferred partner for the Salares Altoandinos lithium project in the Atacama region of Chile by Empresa Nacional de Minería , a state-owned Chilean mining company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250522021914/en/ Rio Tinto's strong lithium pipeline of assets and options in South America Rio Tinto Chief [...]
Rio Tinto today announced that Chief Executive Jakob Stausholm will step down from the Group later this year, at the conclusion of a succession process. Jakob joined Rio Tinto in 2018 as Executive Director and Chief Financial Officer, and became Chief Executive in January 2021. As Chief Executive, Jakob has reset Rio Tinto's strategy to align the group to the opportunities of the energy transition and shaped a pathway to [...]
Rio Tinto will begin early works and conduct final engineering studies to increase production capacity at the Amrun bauxite mine on Cape York Peninsula in Far North Queensland, aiming for first output as early as 2029. The project, named Kangwinan at the request of Traditional Owners, the Wik Waya people, will involve building a new mine and expanding the existing port to almost double bauxite production from Rio Tinto's [...]
Rio Tinto and Corporación Nacional Del Cobre de Chile have signed binding agreements to form a joint venture to develop and operate a high-grade lithium project in the Salar de Maricunga in Chile. The agreement is the next step in a broader strategic partnership to strengthen both Rio Tinto's and Chile's positions as leading suppliers of materials for the global energy transition. This press release features multimedia [...]
Rio Tinto is investing US$1.2 billion to modernise its Isle-Maligne hydroelectric power plant, commissioned in 1926 in Alma, Quebec. This is Rio Tinto's largest single investment in its hydroelectric assets since the 1950s. The power plant modernisation is essential to secure the future of low-carbon aluminium production in Saguenay-Lac-Saint-Jean, supporting the jobs of employees across the region. It will allow Rio [...]
Rio Tinto and Sumitomo Metal Mining Co have signed the final joint venture agreements to deliver the Winu copper-gold project, located in the Great Sandy Desert region of Western Australia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250511288741/en/ Sumitomo Metal Mining Director, Managing Executive Officer, and General Manager of the Mineral Resources [...]
Rio Tinto and its new partner Indium Corporation have successfully extracted the first primary gallium as part of a research and development project, which ultimately aims to produce commercial quantities of the critical and strategic mineral present in the bauxite processed in Rio Tinto's Vaudreuil alumina refinery in Quebec, the only one in Canada. This preliminary step was done in Indium Corporation's research and [...]
Rio Tinto and AMG Metals & Materials , an energy transition solutions provider, have signed a Memorandum of Understanding to jointly assess the feasibility of developing an integrated low-carbon aluminium project powered by renewable energy in India. AMG M&M is promoted by the two founders of Greenko and AM Green. Together, the parties will consider the potential development of up to a 1 million tonnes per annum primary [...]
Rio Tinto released its quarterly operational report for the first quarter ending March 31, 2025, which included Iron Ore Company of Canada production and sales information. Specifically, Rio Tinto announced that in the first quarter of 2025, IOC had total saleable iron ore production of 3.95 million tonnes, comprised of 2.33 million tonnes of pellets and 1.61 million tonnes of concentrate for sale. Rio Tinto also [...]
Rio Tinto Chief Executive Jakob Stausholm said: "We continued to see strong operational improvement with the Oyu Tolgoi copper mine and our bauxite operations delivering record months for production in March. Production was affected, however, by extreme weather events that impacted our Pilbara iron ore operations. "We are making excellent progress with our major projects to deliver profitable organic growth. We achieved [...]
Rio Tinto strengthened its spend with Australian businesses to over A$17.7 billion in 2024, supporting both national and local suppliers. This is an increase of 9.9% from the previous year and was spent with more than 6,000 suppliers across the country. This spend has helped boost local, regional, and national economies, contributing to employment and strengthening Australian owned and managed businesses. As part of this [...]
Rio Tinto's first locally made iron ore rail car has been built in Western Australia, as it steps up its use of domestic manufacturing across its world class iron ore business. The company is investing about A$150 million to purchase 100 locally built rail cars, as well as continued investment in bearing refurbishment for its Pilbara operations. Its partnership with Gemco Rail and CRRC Qiqihar Rolling Stock Co. Ltd is [...]
