Rio Tinto and bp have agreed to work together on a one-year biofuel trial to help reduce carbon emissions from Rio Tinto's marine fleet. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220523005404/en/ The RTM Tasman berthed for loading at Iron Ore Company of Canada's Sept-Îles port in [...]
Rio Tinto has agreed to amend the previously agreed funding plan with Turquoise Hill Resources in order to provide liquidity of up to $400 million in short-term early advances, while the Special Committee of TRQ evaluates Rio Tinto's C$34 per share all-cash proposal to acquire the approximately 49% of the issued and outstanding shares of TRQ that [...]
Rio Tinto has started producing tellurium at its Kennecott copper operation in Utah, becoming one of only two U.S. producers of the critical mineral used in advanced thin film photovoltaic solar panels. The tellurium will be refined in North America by 5N Plus, a leading global producer of specialty semiconductors and performance materials, under a [...]
Rio Tinto Chief Executive Jakob Stausholm, said: "We made notable progress during the quarter with the commencement of underground mining at Oyu Tolgoi following a comprehensive agreement reached with the Government of Mongolia, completed the acquisition of the Rincon lithium project in Argentina, and signed a framework agreement at the Simandou [...]
Rio Tinto and the Australian Graduate School of Management at UNSW Business School have partnered to strengthen Indigenous leadership in the company through the School's Emerging Indigenous Executive Leaders Program . Under the partnership, the AGSM's EIELP has been tailored for Rio Tinto to focus on empowering Indigenous leaders who have an [...]
Rio Tinto and unions representing approximately 1,300 employees at the Kennecott copper operation near Salt Lake City, Utah, have reached a new Collective Bargaining Agreement. The new five-year agreement was ratified through a vote by union members held on 31 March 2022, following seven weeks of constructive negotiations. This agreement, effective [...]
Rio Tinto has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following approval from Australia's Foreign Investment Review Board . A binding agreement to purchase the project from Rincon Mining, a company owned by funds managed by the private equity group Sentient Equity Partners, was announced in December [...]
Rio Tinto welcomes the release today of a joint Commonwealth Government and First Nations Heritage Protection Alliance Discussion Paper designed to strengthen state and federal cultural heritage protection laws. Rio Tinto supports strengthening safeguards for cultural heritage at both state and Commonwealth legislative levels, including the reform [...]
Rio Tinto has made a non-binding proposal to the Turquoise Hill Board to acquire the approximately 49% of the issued and outstanding shares of Turquoise Hill that Rio Tinto does not currently own . Under the terms of the Proposed Transaction, Turquoise Hill minority shareholders would receive C$34 in cash per Turquoise Hill share, representing a [...]
Rio Tinto and peak mining unions spanning its global operations have held their biannual Steering Committee in Pittsburgh. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220309005180/en/ The Steering Committee represents a partnership between the mining and metals company and the largest [...]
Rio Tinto has reached a settlement with the Australian Securities and Investment Commission regarding the disclosure of the impairment of Rio Tinto Coal Mozambique , which was reflected in Rio Tinto's 2012 year-end accounts. As part of this court approved settlement, Rio Tinto will pay a A$750,000 penalty for a single contravention of its [...]
Rio Tinto has donated A$1.5 million to disaster relief and recovery efforts supporting people affected by widespread floods in Queensland and New South Wales. The funds will help provide vital support to impacted communities and comprise of: A$750,000 to the Australian Red Cross' Floods Appeal which enables volunteers and staff to help with [...]
