Rio Tinto Plc

Rio Tinto has agreed to purchase four battery-electric trains for use in the Pilbara region of Western Australia as part of the company's strategy to reduce its carbon emissions by 50 per cent by 2030. Rio Tinto purchased the four 7MWh FLXdrive battery-electric locomotives from Wabtec Corporation with production due to commence in the United States in 2023 ahead of initial trials in the Pilbara in early 2024. The [...]

Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project [1] in Argentina from Rincon Mining, a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The acquisition demonstrates Rio Tinto's commitment to build its battery materials business and strengthen its portfolio for the global energy transition. Rincon is a large undeveloped lithium brine [...]

Rio Tinto has called for Expressions of Interest from Western Australian manufacturers to build 100 rail cars for its Pilbara iron ore mining operations. The EOI callout follows Rio Tinto's announcement in September it would look for opportunities for Western Australian suppliers to help grow the local rail car manufacturing industry and support local jobs. Rio Tinto will initially purchase 50 rail cars from the [...]

The Board of Rio Tinto has selected Dominic Barton to succeed Simon Thompson as the company's new Chair. Dominic will join the Board with effect from 4 April, 2022 and be appointed to the role of Chair at the conclusion of the Rio Tinto Ltd. annual general meeting on 5 May 2022. Simon Thompson will step down as a non-executive director of Rio Tinto and as Chair at that same time on 5 May 2022, having served as Chair for [...]

In accordance with the commitments made last July, Rio Tinto QIT Madagascar Minerals and its partner Crossboundary Energy today laid the foundation stone for the solar and wind power plant project that will supply the QMM ilmenite mine operations in Fort Dauphin, in southern Madagascar. The ceremony took place in the Ehoala Park area, in the presence of high dignitaries, including the Minister of Energy and Hydrocarbons [...]

As part of the 16 Days of Activism Against Gender-Based Violence, Rio Tinto is supporting organisations that work to prevent domestic violence and accompany victims in Canada. Care is one of Rio Tinto's core values, which translates into prioritising the physical and emotional safety and wellbeing of employees, contractors, their families and community members. Domestic abuse exists in all segments of society and affects [...]

Rio Tinto Naturescape Kings Park marked 10 years of connecting children to nature today at a 10th birthday celebration for Perth's pioneering nature play space. The first of its kind in Australia when it first opened in 2011, the Kings Park family destination has been a leader within the global 'nature play' movement and inspires schools and communities to build similar parks around the country. Rio Tinto Naturescape [...]

Rio Tinto has become the sole owner of Diavik Diamond Mine in the Northwest Territories of Canada, continuing its leading role in the Canadian diamond industry. A transaction has been completed for Rio Tinto's acquisition of the 40 per cent share held by Dominion Diamond Mines in Diavik, following the Court of Queen's Bench of Alberta's approval. With production at Diavik expected to end in 2025, its high-end [...]

Rio Tinto is investing US$87 million to increase its low-carbon aluminium production in Canada with 16 new smelting cells at its AP60 smelter, in the Saguenay-Lac-Saint-Jean region of Quebec. The investment will increase production at the smelter by around 45 per cent, or 26,500 metric tonnes of primary aluminium per year, to a capacity of 86,500 metric tonnes and provide a secure future for approximately 100 employees [...]

Rio Tinto is supporting the development of a battery ecosystem in Europe with an investment in Inobat Auto , a European-based battery technology and manufacturing company. This investment will support the completion of InoBat's research and development centre and pilot battery line in Voderady, Slovakia. Today's investment follows a Memorandum of Understanding signed in May, outlining an intention to work together to [...]