Rio Tinto Plc

Rio Tinto is partnering with the Government of Canada to invest up to C$737 million over the next eight years to decarbonise its Rio Tinto Fer et Titane operations in Sorel-Tracy, Québec, and to position the business as a centre of excellence for critical minerals processing. The partnership will support technological innovations that represent a first step towards reducing greenhouse gas emissions from RTFT's titanium [...]

Rio Tinto has published its second progress report on Communities and Social Performance practices, which includes direct feedback from Traditional Owners and details the actions the company has taken to rebuild relationships with Indigenous peoples and external stakeholders. As part of efforts to increase transparency in its approach to cultural heritage protection, Rio Tinto established the Communities and Social [...]

Richard's Bay Minerals will be supplied with renewable solar power through an agreement with international energy company Voltalia and local Black Economic Empowerment partners, for its operation in KwaZulu-Natal, South Africa. Under the agreement, Voltalia will begin construction of the Bolobedu Solar PV renewable energy project in 2023, at a site in the province of Limpopo. The power plant is scheduled to be complete by [...]

Rio Tinto welcomes Energy Resources of Australia's announcement today that it will renew its independent board committee to introduce new perspectives to address the material cost and schedule overruns on the critical Ranger rehabilitation project in Australia's Northern Territory. Rio Tinto chief executive Australia Kellie Parker said "We thank Peter Mansell, Paul Dowd and Shane Charles for their contribution to ERA and [...]

Rio Tinto has requested the resignation of Energy Resources of Australia's Chairman Peter Mansell to allow for board renewal and introduce new perspectives to address the material cost and schedule overruns on the critical Ranger rehabilitation project in Australia's Northern Territory. Following announcement of the cost and schedule overruns in February 2022, Rio Tinto has sought to work constructively with ERA's [...]

Rio Tinto has started producing spodumene concentrate, a mineral used in the production of lithium for batteries, at a demonstration plant in its Rio Tinto Iron and Titanium Quebec Operations in our metallurgical complex in Sorel-Tracy, Canada. The plant will demonstrate at industrial scale a new spodumene concentration process that provides lithium oxide grades and recoveries well above the industry average. The process [...]

Rio Tinto has approved a $55 million[1] investment in development capital to start underground mining and expand production at its Kennecott copper operations in Utah, United States. Underground mining will initially focus on an area known as the Lower Commercial Skarn , which will deliver a total of around 30kt[2] of additional high quality mined copper through the period to 2027 alongside open cut operations. The first ore is [...]

Rio Tinto and Shougang Group, one of the world's top 10 steel producers, have signed a Memorandum of Understanding to promote research, design and implementation of low-carbon solutions for the steel value chain. The MoU's focus areas include low-carbon sintering technology, blast furnace and basic oxygen furnace optimisation, and carbon capture and utilisation . This partnership with Shougang underlines Rio Tinto's [...]

Rio Tinto today announced it will join the First Movers Coalition, a global initiative to help commercialise zero-carbon technologies by harnessing purchasing power and supply chains. More than 50 companies with a collective market value of about $8.5 trillion across five continents now make up the coalition to create early markets for innovative clean energy technologies. The initiative is led by the World Economic Forum [...]

Rio Tinto and China Baowu Steel Group Co. Ltd have agreed to enter into a joint venture with respect to the Western Range iron ore project in the Pilbara, Western Australia, investing $2 billion to develop the mine. Western Range's annual production capacity of 25 million tonnes of iron ore will help sustain production of the Pilbara Blend from Rio Tinto's existing Paraburdoo mining hub. The project includes construction [...]