Rio Tinto Chief Executive Jakob Stausholm said: "We remain focused on delivering on our long-term strategy, with a steady improvement in operating performance and some notable advances in our growth agenda. We continue to strengthen our partnership with the Mongolian government following commencement of underground mining at Oyu Tolgoi, delivered first iron ore from the Gudai-Darri mine and approved early works funding at [...]
Ford Motor Company and Rio Tinto have signed a non-binding global memorandum of understanding to jointly develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford vehicles. The multi-materials partnership will support the transition toward a net-zero future by supplying Ford, one of the world's largest automakers, with materials including lithium, low-carbon aluminium and [...]
Rio Tinto has reached agreement with the Australian Taxation Office on all tax matters in dispute. The agreement resolves the disagreement relating to interest on an isolated borrowing used to pay an intragroup dividend in 2015. It also separately resolves the pricing of certain transactions between Rio Tinto entities based in Australia and the Group's commercial centre in Singapore from 2010-2021 and provides certainty [...]
Skyharbour Resources is pleased to announce the closing of the previously reported Option Agreement with Rio Tinto Exploration Canada to acquire up to 100% of the Russell Lake Uranium Project, which comprises 26 claims covering 73,294 hectares of prospective exploration ground strategically situated between the Company’s Moore Uranium project (to the east) and Denison Mines’ Wheeler River project in the eastern portion of [...]
Rio Tinto Chief Executive Jakob Stausholm, said: "We strengthened our operational performance at a number of sites, which we will now replicate across the portfolio. The delivery of first ore at Gudai-Darri, our first greenfield mine in the Pilbara for over a decade, increases mine capacity and supports production of our flagship Pilbara Blend™. We also fired the first draw bell at the Oyu Tolgoi underground project [...]
Rio Tinto is investing US$188 million to increase the production capacity for low-carbon, high value aluminium billets at its Alma smelter in Lac-Saint-Jean, Quebec by 202,000 metric tonnes. The existing casting center at Rio Tinto's Alma plant will be expanded to accommodate new state-of-the-art equipment, including a casting pit and furnaces, allowing a larger portion of the aluminium produced to be converted to higher [...]
Pilbara Traditional Owners, the Banjima People, and Western Australia's Minister for Mines and Petroleum; Energy, Hon. Bill Johnston MLA, today joined Rio Tinto employees as well as valued partners and suppliers to celebrate the official opening of Gudai-Darri, Rio Tinto's most technologically advanced mine. A large contingent of Traditional Owners attended the opening which featured a smoking ceremony and traditional [...]
Rio Tinto has delivered first ore from the Gudai-Darri iron ore mine as the company brings online its first greenfield mine in the Pilbara, Western Australia, in more than a decade. Gudai-Darri will help underpin future production of the company's flagship Pilbara Blend™ product. The first autonomous AutoHaul™ trains loaded with ore from Gudai-Darri's process plant have travelled the new 166-kilometre rail [...]
Rio Tinto has called for proposals to develop large-scale wind and solar power in Central and Southern Queensland to power its aluminium assets, help meet its climate change ambitions and further encourage renewable development and industry in the region. The approach, which is through a formal market Request for Proposals , is intended to support the development of multiple new wind and solar power projects that can, in [...]
More than 3000 women across Australia and New Zealand have applied for roles with Rio Tinto, following the launch of recruitment campaigns targeting women who had not previously worked in the mining industry. In Western Australia, the Transferable Pathways campaign, which launched last month, attracted about 1,600 responses. This was roughly the same number received for the Women in Leadership program at Rio Tinto's [...]
Rio Tinto and the Salzgitter Group have signed a Memorandum of Understanding to work together towards carbon-free steelmaking by studying optimisation of Rio Tinto's high-quality Canadian and Australian iron ore products for use in Salzgitter's SALCOS green steel project in Germany. Under the MOU, Rio Tinto and Salzgitter will explore optimisation of iron ore pellets, lump and fines for use in hydrogen direct reduction [...]
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 Quebec, as part of its first trial voyage using bp's biofuel. Under the [...]