Rio Tinto has committed to invest $10 million with the world’s largest steel producer China Baowu Steel Group over the next two years in low-carbon steelmaking projects and research. This investment is the next step in advancing the partnership formed between Rio Tinto, China Baowu and Tsinghua University in 2019 to develop and implement new methods to reduce carbon emissions and improve environmental performance across [...]
Rio Tinto today unveiled a pathway for the ongoing development of the underground project at Oyu Tolgoi in Mongolia, one of the largest known copper and gold deposits in the world. The definitive estimate details how Oyu Tolgoi underground will achieve sustainable production for Panel 0 by October 2022 for development capital of $6.75 billion. Rio Tinto and its partners, the Government of Mongolia and Turquoise Hill [...]
Rio Tinto, a leading global mining and metals company, and Nippon Steel Corporation, Japan’s largest steel producer, have signed a Memorandum of Understanding to jointly explore, develop and demonstrate technologies to transition to a low-carbon emission steel value chain. Rio Tinto and Nippon Steel share a long history of working together, with the first shipment of iron ore from Australia to Japan coming from Rio [...]
Rio Tinto’s partnership with South Metropolitan TAFE and the Western Australian State Government has been globally recognised at the World Federation of Colleges and Polytechnics 2020 Awards of Excellence. The partnership won Gold in the ‘Partnership with Industry’ category for its work in developing and deploying the first nationally recognised vocational qualifications in automation. The World Federation of Colleges and [...]
Rio Tinto has today disclosed to the Australian Securities Exchange a maiden Ore Reserve and updated Mineral Resource at the 100% owned Jadar lithium-borates project in western Serbia. The Ore Reserve is 16.6 Mt at 1.81% Li2O and 13.4% B2O3 The Mineral Resource underlying the maiden Ore Reserve has been updated to incorporate additional drilling which resulted in an updated geological model. Mineral Resources are reported [...]
Rio Tinto acknowledges the release today of the Joint Standing Committee on Northern Australia’s interim report following its inquiry into the destruction of rockshelters at Juukan Gorge on the land of the Puutu Kunti Kurrama and Pinikura people in the Pilbara region of Western Australia. Rio Tinto reiterates its apology to the Traditional Owners, the PKKP, and remains adamant that the destruction of the Juukan [...]
David Constable will step down as a non-executive director of Rio Tinto with effect from 31 December 2020. Mr Constable, who has served on the Rio Tinto Board since 2017, is stepping down in order to concentrate on his new role as chief executive officer of Fluor Corporation. Rio Tinto chairman Simon Thompson said “I would like to thank David for his considerable contribution to the Board over the years and for his wise [...]
Rio Tinto Chief Executive J-S Jacques said “We have delivered a good operational performance across most of our assets catching up on planned maintenance activity, particularly in iron ore, and continuing to adapt to new operating conditions as we learn to live with COVID-19. We have maintained our capex guidance and our 2020 production guidance across our key products. “We are focused on regaining the trust of the Puutu [...]
Beer drinkers will soon be able to enjoy their favourite brew out of cans that are not only infinitely recyclable, but made from responsibly produced, low-carbon aluminium. Rio Tinto and Anheuser-Busch InBev , the world’s largest brewer, have formed a global partnership to deliver a new standard of sustainable aluminium cans. In a first for the canned beverage industry, the two companies have signed an MOU committing to [...]
Rio Tinto announced today an update in respect of its beneficial ownership of common shares of Entrée Resources Ltd. held by its wholly owned subsidiary Rio Tinto International Holdings Limited . As a result of its greater than 50% shareholding in Turquoise Hill Resources Ltd. , Rio Tinto is deemed to beneficially own the common shares of Entrée owned by TRQ under applicable Canadian securities law. Under a non-brokered [...]
Following the publication on 24 August 2020 of the Board Review of Cultural Heritage Management , undertaken in response to the destruction of the Juukan rockshelters in May 2020, the Board of Rio Tinto has engaged extensively with shareholders, Traditional Owners, Indigenous leaders and other stakeholders. While there is general recognition of the transparency of the Board Review and support for the changes recommended [...]
Rio Tinto and Turquoise Hill Resources have entered into a memorandum of understanding , which provides a clear pathway to progress the financing for completion of the Oyu Tolgoi Underground Project in Mongolia and address TRQ's funding position. The MOU reflects the parties' agreement that, subject to timing, availability and terms and conditions being acceptable to both parties, they will: pursue re-profiling of [...]
+36,11 %
+1,14 %
-97,22 %
-2,01 %
0,00 %
